First Trust Utilities AlphaDEX Fund
FXU
104 hedge funds and large institutions have $1.41B invested in First Trust Utilities AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 11 closing their positions.
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 106 → 104 (-2)
21% less capital inflows, than outflows
Capital inflows: $78M | Capital outflows: $98.2M
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$12.6M |
| 2 |
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$12.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.2M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$25.6M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$15M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$12.2M |
| 4 |
Morgan Stanley
New York
|
-$8.33M |
| 5 |
Navellier & Associates
Reno,
Nevada
|
-$7.35M |
FXU Hedge Fund Activity: Q3 2016 in Review
104 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2016, worth a combined $1.41B — down 5.8% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXU positions and 11 closed out — a net gain of 1 holder — while 34 added to existing stakes and 44 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $12.6M. The largest seller was First Trust Advisors, cutting an estimated $25.6M.
- 104 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2016, down from 106 in Q2 2016.
- Funds reported $1.41B of First Trust Utilities AlphaDEX Fund stock for Q3 2016, down 5.8% quarter-over-quarter.
- 12 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2016 and 11 closed out, a net change of +1 holder.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $12.6M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2016 was First Trust Advisors, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2016.