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First Trust Utilities AlphaDEX Fund

99 hedge funds and large institutions have $1.24B invested in First Trust Utilities AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 57 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

0.5% more ownership

Funds ownership: 83.78%84.28% (+0.5%)

5% less funds holding

Funds holding: 10499 (-5)

12% less capital invested

Capital invested by funds: $1.41B → $1.24B (-$169M)

18% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 17

72% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 57

Holders
99
Holders Change
-5
Holders Change %
-4.81%
% of All Funds
2.48%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
14
Increased
16
Reduced
57
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$588M -$60M -2,312,299 -10%
Morgan Stanley
2
Morgan Stanley
New York
$151M -$21.8M -840,468 -13%
Wells Fargo
3
Wells Fargo
California
$103M -$18.1M -697,781 -15%
Bank of America
4
Bank of America
North Carolina
$44.3M -$4.81M -185,373 -10%
RIG
5
RiverFront Investment Group
Virginia
$40.1M -$19.8M -764,313 -34%
UBS Group
6
UBS Group
Switzerland
$37.2M -$18.8M -727,008 -34%
RJA
7
Raymond James & Associates
Florida
$33M -$11.8M -456,346 -27%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$26.1M -$1.9M -73,144 -7%
MFS
9
MSI Financial Services
Massachusetts
$23.2M -$3.31M -127,558 -13%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$19.4M -$7.16M -276,321 -28%
HA
11
Hays Advisory
Tennessee
$17.6M -$9.32M -359,348 -35%
NC
12
NewSquare Capital
Pennsylvania
$15M -$2.85M -110,065 -16%
Ameriprise
13
Ameriprise
Minnesota
$13.8M -$9.25M -356,603 -52%
Stifel Financial
14
Stifel Financial
Missouri
$9.5M -$718K -27,673 -7%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$9.5M -$3.04M -117,162 -25%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$9.44M -$2.53M -97,426 -22%
LPL Financial
17
LPL Financial
California
$7.19M -$1.73M -66,633 -20%
ODG
18
O'Dell Group
Ohio
$6.52M +$6.32M +243,817 New
BTS
19
BB&T Securities
Virginia
$6.26M
TFA
20
Transamerica Financial Advisors
Florida
$5.71M -$2.18M -83,921 -28%
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$5.45M -$1.92M -73,936 -27%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$5.36M -$1.3M -50,259 -20%
TRCT
23
Tower Research Capital (TRC)
New York
$5.02M -$176K -6,776 -3%
Citadel Advisors
24
Citadel Advisors
Florida
$4.93M +$3.72M +143,571 +351%
NA
25
NewEdge Advisors
Louisiana
$3.67M -$53.4K -2,059 -1%

FXU Hedge Fund Activity: Q4 2016 in Review

99 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2016, worth a combined $1.24B — down 12% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FXU and 14 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 16 added.

The largest buyer was Citadel Advisors, adding an estimated $3.72M. The largest seller was First Trust Advisors, cutting an estimated $60M.

  • 99 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2016, down from 104 in Q3 2016.
  • Funds reported $1.24B of First Trust Utilities AlphaDEX Fund stock for Q4 2016, down 12% quarter-over-quarter.
  • 14 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2016 and 17 closed out, a net change of -3 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2016 was Citadel Advisors, an estimated $3.72M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $60M sold.

Based on aggregated 13F filings for Q4 2016.