First Trust Utilities AlphaDEX Fund
FXU
103 hedge funds and large institutions have $146M invested in First Trust Utilities AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
4% more funds holding
Funds holding: 99 → 103 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15.05% less ownership
Funds ownership: 79.9% → 64.85% (-15%)
25% less capital invested
Capital invested by funds: $195M → $146M (-$48.6M)
40% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$1.91M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.52M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.3M |
| 4 |
GS
GTS Securities
New York
|
+$1.21M |
| 5 |
TCM
Triumph Capital Management
Denver,
Colorado
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$47.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.28M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.4M |
| 4 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$1.42M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$897K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
101
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | -$154 | -5 | -7% |
|
|
KFI
102
Key Financial Inc
West Chester,
Pennsylvania
| $2.53K | – | – | – |
|
|
DFA
103
DHJJ Financial Advisors
Naperville,
Illinois
| $882 | – | – | – |
|
104
Two Sigma Investments
New York
| – | -$380K | -12,000 | Closed |
|
|
AWS
105
Atria Wealth Solutions
New York
| – | -$348K | -10,998 | Closed |
|
|
MWM
106
Meridian Wealth Management
Lexington,
Kentucky
| – | -$338K | -10,663 | Closed |
|
|
AWM
107
AE Wealth Management
Topeka,
Kansas
| – | -$206K | -6,829 | Closed |
|
|
BAM
108
Belpointe Asset Management
Reno,
Nevada
| – | -$211K | -6,647 | Closed |
|
|
FCA
109
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$211K | -6,647 | Closed |
|
|
ASN
110
Advisory Services Network
Atlanta,
Georgia
| – | -$136K | -4,305 | Closed |
|
111
Simplex Trading
Chicago,
Illinois
| – | -$12K | -385 | Closed |
|
|
SFA
112
Semmax Financial Advisors
Winston Salem,
North Carolina
| – | -$3.59K | -121 | Closed |
|
FXU Hedge Fund Activity: Q1 2024 in Review
103 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2024, worth a combined $146M — down 25% from $195M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXU positions and 9 closed out — a net gain of 8 holders — while 24 added to existing stakes and 40 trimmed.
The largest buyer was Truist Financial, adding an estimated $1.91M. The largest seller was Morgan Stanley, cutting an estimated $47.5M.
- 103 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2024, up from 99 in Q4 2023.
- Funds reported $146M of First Trust Utilities AlphaDEX Fund stock for Q1 2024, down 25% quarter-over-quarter.
- 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2024 and 9 closed out, a net change of +8 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2024 was Truist Financial, an estimated $1.91M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $47.5M sold.
Based on aggregated 13F filings for Q1 2024.