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First Trust Utilities AlphaDEX Fund

51 hedge funds and large institutions have $63.4M invested in First Trust Utilities AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

13.69% less ownership

Funds ownership: 61.89%48.2% (-14%)

19% less funds holding

Funds holding: 6351 (-12)

54% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 26

57% less capital invested

Capital invested by funds: $146M → $63.4M (-$82.4M)

67% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
51
Holders Change
-12
Holders Change %
-19.05%
% of All Funds
1.37%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
12
Reduced
26
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$10.5M -$9.99M -425,941 -47%
Goldman Sachs
2
Goldman Sachs
New York
$9.78M +$70.4K +3,005 +0.7%
Wells Fargo
3
Wells Fargo
California
$6.3M -$760K -32,417 -10%
SAM
4
SignalPoint Asset Management
Missouri
$4.85M
FEG
5
Financial Enhancement Group
Indiana
$4.7M +$5.01M +213,690 New
UBS Group
6
UBS Group
Switzerland
$4.11M -$497K -21,206 -10%
Bank of America
7
Bank of America
North Carolina
$3.77M -$2.86M -122,052 -42%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$2.14M +$1.43M +61,179 +169%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.61M -$1.76M -74,895 -51%
LPL Financial
10
LPL Financial
California
$1.19M -$398K -16,988 -24%
CS
11
Credit Suisse
Switzerland
$1.01M -$163K -6,936 -13%
Jane Street
12
Jane Street
New York
$974K +$211K +9,010 +26%
Stifel Financial
13
Stifel Financial
Missouri
$971K -$548K -23,362 -35%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$892K -$1.27M -54,226 -57%
RJA
15
Raymond James & Associates
Florida
$885K +$57.4K +2,447 +6%
VKH
16
Virtu KCG Holdings
New York
$884K -$303K -12,940 -24%
Millennium Management
17
Millennium Management
New York
$879K -$630K -26,866 -40%
RPG
18
Risk Paradigm Group
Texas
$834K +$889K +37,921 New
SG Americas Securities
19
SG Americas Securities
New York
$761K +$272K +11,598 +50%
Citadel Advisors
20
Citadel Advisors
Florida
$630K -$1.69M -72,004 -72%
PAG
21
Private Advisor Group
New Jersey
$629K +$40.8K +1,739 +6%
TH
22
Timber Hill
Connecticut
$625K -$39.9K -1,700 -6%
HighTower Advisors
23
HighTower Advisors
Illinois
$501K -$485K -20,696 -92%
FIM
24
Freedom Investment Management
Connecticut
$436K +$36.5K +1,557 +9%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$434K -$72.6K -3,097 -14%

FXU Hedge Fund Activity: Q2 2015 in Review

51 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2015, worth a combined $63.4M — down 57% from $146M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FXU and 6 opened new positions — a net loss of 12 holders — while 26 trimmed existing stakes and 12 added.

The largest buyer was Susquehanna International Group, adding an estimated $1.43M. The largest seller was Hays Advisory, exiting entirely with an estimated $21.3M sold.

  • 51 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2015, down from 63 in Q1 2015.
  • Funds reported $63.4M of First Trust Utilities AlphaDEX Fund stock for Q2 2015, down 57% quarter-over-quarter.
  • 6 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2015 and 18 closed out, a net change of -12 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2015 was Susquehanna International Group, an estimated $1.43M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q2 2015 was Hays Advisory, an estimated $21.3M sold.

Based on aggregated 13F filings for Q2 2015.