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First Trust Utilities AlphaDEX Fund
FXU

77 hedge funds and large institutions have $172M invested in First Trust Utilities AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 38 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% less funds holding

Funds holding: 100 → 77 (-23)

23.37% less ownership

Funds ownership: 83.6% → 60.23% (-23%)

58% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 40

76% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 38

84% less capital invested

Capital invested by funds: $1.09B → $172M (-$916M)

100% less funds holding in top 10

Funds holding in top 10: 3 → 0 (-3)

Holders
77
Holders Change
-23
Holders Change %
-23%
% of All Funds
1.75%
Holding in Top 10
–
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
–
New
17
Increased
9
Reduced
38
Closed
40
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BFEC
Benjamin F. Edwards & Company
Missouri
+$1.42M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.22M
3
AA
Advisory Alpha
Michigan
+$1.16M
4
CAN
Cetera Advisor Networks
California
+$881K
5
Millennium Management
Millennium Management
New York
+$515K

Top Sellers

Rank Fund Capital Flow
1
First Trust Advisors
First Trust Advisors
Illinois
-$486M
2
Morgan Stanley
Morgan Stanley
New York
-$90.6M
3
Wells Fargo
Wells Fargo
California
-$88.4M
4
UBS Group
UBS Group
Switzerland
-$41.6M
5
Bank of America
Bank of America
North Carolina
-$30.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
SG
101
StoneX Group
New York
– -$335K -12,399 Closed
KA
102
Kovack Advisors
Florida
– -$314K -11,627 Closed
SI
103
Stephens Inc
Arkansas
– -$284K -10,505 Closed
Citadel Advisors
104
Citadel Advisors
Florida
– -$267K -9,871 Closed
BIA
105
Biondo Investment Advisors
Pennsylvania
– -$233K -8,630 Closed
WS
106
Wedbush Securities
California
– -$209K -7,741 Closed
FANJ
107
Financial Architects (New Jersey)
New Jersey
– -$56K -2,063 Closed
CFD
108
Creative Financial Designs
Indiana
– -$23K -850 Closed
SAM
109
Shamrock Asset Management
Texas
– -$17K -638 Closed
NFG
110
Next Financial Group
Texas
– -$11K -400 Closed
Bank of Montreal
111
Bank of Montreal
Ontario, Canada
– -$5K -179 Closed
First Manhattan
112
First Manhattan
New York
– -$3K -136 Closed
CP
113
Corbenic Partners
Pennsylvania
– -$4K -131 Closed
BF
114
BOK Financial
Oklahoma
– -$3K -127 Closed
SQA
115
Simon Quick Advisors
New Jersey
– -$2K -83 Closed
US Bancorp
116
US Bancorp
Minnesota
– -$1K -48 Closed
1 2 3 4
5

FXU Hedge Fund Activity: Q4 2017 in Review

77 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2017, worth a combined $172M — down 84% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of FXU and 17 opened new positions — a net loss of 23 holders — while 38 trimmed existing stakes and 9 added.

The largest buyer was Benjamin F. Edwards & Company, adding an estimated $1.42M. The largest seller was First Trust Advisors, exiting entirely with an estimated $486M sold.

  • 77 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2017, down from 100 in Q3 2017.
  • Funds reported $172M of First Trust Utilities AlphaDEX Fund stock for Q4 2017, down 84% quarter-over-quarter.
  • 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2017 and 40 closed out, a net change of -23 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2017 was Benjamin F. Edwards & Company, an estimated $1.42M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q4 2017 was First Trust Advisors, an estimated $486M sold.

Based on aggregated 13F filings for Q4 2017.