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First Trust Utilities AlphaDEX Fund

52 hedge funds and large institutions have $82M invested in First Trust Utilities AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

18% more funds holding

Funds holding: 4452 (+8)

1.16% more ownership

Funds ownership: 60.88%62.04% (+1.2%)

14% less capital invested

Capital invested by funds: $95.1M → $82M (-$13.1M)

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

100% less funds holding in top 10

Funds holding in top 10: 40 (-4)

Holders
52
Holders Change
+8
Holders Change %
+18.18%
% of All Funds
1.36%
Holding in Top 10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
14
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14.7M -$2.68M -118,212 -15%
UBS Group
2
UBS Group
Switzerland
$13.8M -$1.34M -58,975 -9%
Wells Fargo
3
Wells Fargo
California
$9.9M +$186K +8,174 +2%
Bank of America
4
Bank of America
North Carolina
$9.29M +$7.28M +320,940 +342%
Goldman Sachs
5
Goldman Sachs
New York
$7.3M +$806K +35,510 +12%
SAM
6
SignalPoint Asset Management
Missouri
$3.5M -$1.34M -59,041 -27%
LPL Financial
7
LPL Financial
California
$3.06M +$2.24M +98,754 +263%
CS
8
Credit Suisse
Switzerland
$3M +$350K +15,443 +13%
Jane Street
9
Jane Street
New York
$2.18M +$2.21M +97,555 New
RPG
10
Risk Paradigm Group
Texas
$1.87M -$375K -16,505 -17%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$1.52M +$835K +36,780 +119%
Citadel Advisors
12
Citadel Advisors
Florida
$1.2M +$1.22M +53,636 New
RJA
13
Raymond James & Associates
Florida
$790K -$34.3K -1,513 -4%
GS
14
Girard Securities
California
$779K +$790K +34,809 New
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$682K -$145K -6,389 -17%
SG Americas Securities
16
SG Americas Securities
New York
$609K +$617K +27,201 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$560K +$189K +8,348 +50%
Millennium Management
18
Millennium Management
New York
$559K -$357K -15,734 -39%
PAG
19
Private Advisor Group
New Jersey
$555K -$54.1K -2,383 -9%
TRCT
20
Tower Research Capital (TRC)
New York
$499K +$430K +18,940 +564%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$454K +$460K +20,270 New
HighTower Advisors
22
HighTower Advisors
Illinois
$450K -$40.1K -1,767 -8%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$435K +$43.5K +1,917 +11%
VKH
24
Virtu KCG Holdings
New York
$432K +$101K +4,457 +30%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$425K -$18.9K -832 -4%

FXU Hedge Fund Activity: Q4 2015 in Review

52 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2015, worth a combined $82M — down 14% from $95.1M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FXU positions and 7 closed out — a net gain of 8 holders — while 14 added to existing stakes and 18 trimmed.

The largest buyer was Bank of America, adding an estimated $7.28M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $16.1M sold.

  • 52 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2015, up from 44 in Q3 2015.
  • Funds reported $82M of First Trust Utilities AlphaDEX Fund stock for Q4 2015, down 14% quarter-over-quarter.
  • 15 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2015 and 7 closed out, a net change of +8 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2015 was Bank of America, an estimated $7.28M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q4 2015 was Brookstone Capital Management, an estimated $16.1M sold.

Based on aggregated 13F filings for Q4 2015.