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First Trust Utilities AlphaDEX Fund

99 hedge funds and large institutions have $195M invested in First Trust Utilities AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more capital invested

Capital invested by funds: $136M → $195M (+$59.2M)

20.24% more ownership

Funds ownership: 59.66%79.9% (+20%)

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

1% more funds holding

Funds holding: 9899 (+1)

21% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 38

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
99
Holders Change
+1
Holders Change %
+1.02%
% of All Funds
1.44%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
16
Increased
30
Reduced
38
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFG
76
REAP Financial Group
Texas
$57.2K +$53.9K +1,807 New
SPIA
77
Steward Partners Investment Advisory
New York
$54.1K
CFGS
78
Concourse Financial Group Securities
Alabama
$47.5K
PTC
79
Private Trust Company
Ohio
$36.6K
NFSG
80
Newbridge Financial Services Group
Florida
$33.7K
PS
81
Principal Securities
Iowa
$26.8K +$25.2K +847 New
CFFP
82
Center for Financial Planning
Michigan
$26.1K
AAP
83
Arax Advisory Partners
Colorado
$25K
Fidelity Investments
84
Fidelity Investments
Massachusetts
$24.8K +$10.6K +355 +83%
SS
85
Sunbelt Securities
Texas
$19.8K +$30 +1 +0.2%
JP Morgan Chase
86
JP Morgan Chase
New York
$13.4K +$9.6K +322 +322%
Simplex Trading
87
Simplex Trading
Illinois
$12K +$5.51K +185 +93%
GRP
88
Global Retirement Partners
California
$10.8K +$10.4K +350 New
William Blair & Company
89
William Blair & Company
Illinois
$8.27K
AA
90
Ancora Advisors
Ohio
$7.92K
GI
91
Gradient Investments
Minnesota
$6.81K
ITIM
92
Indiana Trust & Investment Management
Indiana
$6.18K -$1.94K -65 -25%
Carson Wealth (CWM LLC)
93
Carson Wealth (CWM LLC)
Nebraska
$5K +$30 +1 +0.7%
CIAS
94
Capital Investment Advisory Services
North Carolina
$4.28K
DCM
95
Davis Capital Management
Florida
$4.15K +$3.9K +131 New
SFA
96
Semmax Financial Advisors
North Carolina
$3.59K +$3.61K +121 New
TFA
97
Transamerica Financial Advisors
Florida
$3K
KFI
98
Key Financial Inc
Pennsylvania
$2.47K
DFA
99
DHJJ Financial Advisors
Illinois
$856 +$179 +6 +29%
CAM
100
Concorde Asset Management
Michigan
-$2.51M -87,913 Closed

FXU Hedge Fund Activity: Q4 2023 in Review

99 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2023, worth a combined $195M — up 44% from $136M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXU positions and 14 closed out — a net gain of 2 holders — while 30 added to existing stakes and 38 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $43M. The largest seller was Concorde Asset Management, exiting entirely with an estimated $2.51M sold.

  • 99 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2023, up from 98 in Q3 2023.
  • Funds reported $195M of First Trust Utilities AlphaDEX Fund stock for Q4 2023, up 44% quarter-over-quarter.
  • 16 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2023 and 14 closed out, a net change of +2 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $43M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q4 2023 was Concorde Asset Management, an estimated $2.51M sold.

Based on aggregated 13F filings for Q4 2023.