First Trust Utilities AlphaDEX Fund
FXU
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.
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: 98 → 99 (+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: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$7.38M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.73M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.3M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$2.51M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.44M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.75M |
| 4 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$1.59M |
| 5 |
Jane Street
New York
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
101
Win Advisors
Palm Beach Gardens,
Florida
| – | -$1.59M | -55,647 | Closed |
|
102
Citadel Advisors
Miami,
Florida
| – | -$652K | -22,812 | Closed |
|
|
KNW
103
Kesler Norman & Wride
Ogden,
Utah
| – | -$612K | -21,433 | Closed |
|
|
DC
104
Davenport & Co
Richmond,
Virginia
| – | -$458K | -16,023 | Closed |
|
|
JIP
105
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$439K | -15,383 | Closed |
|
|
CI
106
CX Institutional
Auburn,
Indiana
| – | -$420K | -14,716 | Closed |
|
|
HWM
107
HB Wealth Management
Atlanta,
Georgia
| – | -$392K | -13,736 | Closed |
|
|
MSAM
108
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$390K | -13,646 | Closed |
|
109
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$399K | -12,755 | Closed |
|
|
EH
110
Equitable Holdings
New York
| – | -$323K | -11,307 | Closed |
|
|
FTUS
111
Flow Traders U.S.
New York
| – | -$314K | -11,005 | Closed |
|
|
JWCA
112
J.W. Cole Advisors
Tampa,
Florida
| – | -$229K | -8,034 | Closed |
|
|
RIA
113
Realta Investment Advisors
Wilmington,
Delaware
| – | -$18.4K | -580 | 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.