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First Trust Utilities AlphaDEX Fund

98 hedge funds and large institutions have $136M invested in First Trust Utilities AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 42 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

1% more funds holding

Funds holding: 9798 (+1)

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

7.05% less ownership

Funds ownership: 66.71%59.66% (-7.1%)

39% less capital invested

Capital invested by funds: $222M → $136M (-$85.9M)

55% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 42

Holders
98
Holders Change
+1
Holders Change %
+1.03%
% of All Funds
1.56%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
16
Increased
19
Reduced
42
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Qube Research & Technologies (QRT)
76
Qube Research & Technologies (QRT)
United Kingdom
$80.6K +$88K +2,822 New
GWSG
77
GPS Wealth Strategies Group
Colorado
$57.9K
SPIA
78
Steward Partners Investment Advisory
New York
$48.8K +$10.8K +346 +25%
CFGS
79
Concourse Financial Group Securities
Alabama
$42.8K -$5.52K -177 -11%
PTC
80
Private Trust Company
Ohio
$33K
NFSG
81
Newbridge Financial Services Group
Florida
$30.4K
CFFP
82
Center for Financial Planning
Michigan
$23.6K +$25.7K +825 New
AAP
83
Arax Advisory Partners
Colorado
$22.5K
RIA
84
Realta Investment Advisors
Delaware
$18.4K
SS
85
Sunbelt Securities
Texas
$17.8K
CAS
86
Coppell Advisory Solutions
Texas
$15.3K -$2.24M -71,728 -99%
Fidelity Investments
87
Fidelity Investments
Massachusetts
$12.2K -$593 -19 -4%
William Blair & Company
88
William Blair & Company
Illinois
$7.45K
ITIM
89
Indiana Trust & Investment Management
Indiana
$7.43K +$8.11K +260 New
AA
90
Ancora Advisors
Ohio
$7.14K
GI
91
Gradient Investments
Minnesota
$6.14K
Simplex Trading
92
Simplex Trading
Illinois
$5K +$6.24K +200 New
Carson Wealth (CWM LLC)
93
Carson Wealth (CWM LLC)
Nebraska
$4K -$38.7K -1,240 -89%
CIAS
94
Capital Investment Advisory Services
North Carolina
$3.86K
TFA
95
Transamerica Financial Advisors
Florida
$3K -$1.5K -48 -40%
JP Morgan Chase
96
JP Morgan Chase
New York
$2.86K +$3.12K +100 New
KFI
97
Key Financial Inc
Pennsylvania
$2.23K
DFA
98
DHJJ Financial Advisors
Illinois
$600 +$655 +21 New
SMF
99
Sterling Manor Financial
New York
-$4.03M -126,721 Closed
Mariner
100
Mariner
Kansas
-$2.4M -75,371 Closed

FXU Hedge Fund Activity: Q3 2023 in Review

98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2023, worth a combined $136M — down 39% from $222M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXU positions and 15 closed out — a net gain of 1 holder — while 19 added to existing stakes and 42 trimmed.

The largest buyer was One Plus One Wealth Management, opening a new position worth an estimated $5M. The largest seller was J. Arnold Wealth Management, cutting an estimated $24.4M.

  • 98 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2023, up from 97 in Q2 2023.
  • Funds reported $136M of First Trust Utilities AlphaDEX Fund stock for Q3 2023, down 39% quarter-over-quarter.
  • 16 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2023 and 15 closed out, a net change of +1 holder.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2023 was One Plus One Wealth Management, an estimated $5M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q3 2023 was J. Arnold Wealth Management, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2023.