First Trust Utilities AlphaDEX Fund
FXU
114 hedge funds and large institutions have $255M invested in First Trust Utilities AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 29 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
45% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 29
6% more funds holding
Funds holding: 108 → 114 (+6)
0.03% more ownership
Funds ownership: 69.31% → 69.34% (+0.03%)
13% less capital invested
Capital invested by funds: $293M → $255M (-$38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$7.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.31M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.67M |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$2.64M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$45.8M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$7.2M |
| 3 |
Morgan Stanley
New York
|
-$5.97M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.73M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Creative Planning
Overland Park,
Kansas
| – | -$203K | -6,643 | Closed |
|
127
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$106 | -3,454 | Closed |
|
128
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$14K | -459 | Closed |
|
FXU Hedge Fund Activity: Q4 2022 in Review
114 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2022, worth a combined $255M — down 13% from $293M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FXU positions and 14 closed out — a net gain of 9 holders — while 42 added to existing stakes and 29 trimmed.
The largest buyer was Harbour Investments, adding an estimated $7.3M. The largest seller was Congress Wealth Management, cutting an estimated $45.8M.
- 114 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2022, up from 108 in Q3 2022.
- Funds reported $255M of First Trust Utilities AlphaDEX Fund stock for Q4 2022, down 13% quarter-over-quarter.
- 23 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2022 and 14 closed out, a net change of +9 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2022 was Harbour Investments, an estimated $7.3M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q4 2022 was Congress Wealth Management, an estimated $45.8M sold.
Based on aggregated 13F filings for Q4 2022.