First Trust Utilities AlphaDEX Fund
FXU
35 hedge funds and large institutions have $187M invested in First Trust Utilities AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 12 closing their positions.
79% more capital invested
Capital invested by funds: $104M → $187M (+$82.9M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
29.63% more ownership
Funds ownership: 54.38% → 84.02% (+30%)
13% less funds holding
Funds holding: 40 → 35 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$55.3M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$27.9M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.9M |
| 4 |
Goldman Sachs
New York
|
+$2.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$6.02M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.98M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.84M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.57M |
FXU Hedge Fund Activity: Q3 2013 in Review
35 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2013, worth a combined $187M — up 79% from $104M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FXU and 8 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Navellier & Associates, adding an estimated $55.3M. The largest seller was Beaumont Financial Advisors, exiting entirely with an estimated $6.02M sold.
- 35 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2013, down from 40 in Q2 2013.
- Funds reported $187M of First Trust Utilities AlphaDEX Fund stock for Q3 2013, up 79% quarter-over-quarter.
- 8 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2013 and 12 closed out, a net change of -4 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $55.3M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2013 was Beaumont Financial Advisors, an estimated $6.02M sold.
Based on aggregated 13F filings for Q3 2013.