First Trust Utilities AlphaDEX Fund
FXU
44 hedge funds and large institutions have $140M invested in First Trust Utilities AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 16 closing their positions.
19% less funds holding
Funds holding: 54 → 44 (-10)
23.54% less ownership
Funds ownership: 90.12% → 66.58% (-24%)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
73% less capital invested
Capital invested by funds: $521M → $140M (-$381M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.23M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.81M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$223M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$40.6M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$30.4M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$22.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$16.8M |
FXU Hedge Fund Activity: Q3 2014 in Review
44 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2014, worth a combined $140M — down 73% from $521M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FXU and 6 opened new positions — a net loss of 10 holders — while 21 trimmed existing stakes and 11 added.
The largest buyer was Goldman Sachs, adding an estimated $8.23M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $223M sold.
- 44 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2014, down from 54 in Q2 2014.
- Funds reported $140M of First Trust Utilities AlphaDEX Fund stock for Q3 2014, down 73% quarter-over-quarter.
- 6 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2014 and 16 closed out, a net change of -10 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2014 was Goldman Sachs, an estimated $8.23M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2014 was F-Squared Investment Management, an estimated $223M sold.
Based on aggregated 13F filings for Q3 2014.