First Trust Utilities AlphaDEX Fund
FXU
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.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1% more funds holding
Funds holding: 97 → 98 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
+$5M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$2.06M |
| 3 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$1.74M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$614K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$24.4M |
| 2 |
Morgan Stanley
New York
|
-$14.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.78M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.18M |
| 5 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$4.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$640K | -20,127 | Closed |
|
102
Goldman Sachs
New York
| – | -$546K | -17,186 | Closed |
|
|
LMKC
103
L.M. Kohn & Company
Cincinnati,
Ohio
| – | -$373K | -11,718 | Closed |
|
|
RFWA
104
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$339K | -10,667 | Closed |
|
|
OC
105
Oppenheimer & Co
New York
| – | -$218K | -6,859 | Closed |
|
|
AR
106
Apeiron RIA
Dallas,
Texas
| – | -$214K | -6,746 | Closed |
|
|
SG
107
StoneX Group
New York
| – | -$211K | -6,622 | Closed |
|
|
PSF
108
Pacific Sun Financial
Los Angeles,
California
| – | -$204K | -6,200 | Closed |
|
|
CF
109
Centaurus Financial
Anaheim,
California
| – | -$138K | -4,329 | Closed |
|
|
MIM
110
MTM Investment Management
Spartanburg,
South Carolina
| – | -$118K | -3,701 | Closed |
|
|
IGWM
111
ICA Group Wealth Management
Denver,
Colorado
| – | -$83.2K | -2,616 | Closed |
|
|
FA
112
Fiduciary Alliance
Greenville,
South Carolina
| – | -$11.8K | -371 | Closed |
|
|
TAM
113
Tucker Asset Management
Littleton,
Colorado
| – | -$5.91K | -186 | 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.