First Trust Utilities AlphaDEX Fund
FXU
107 hedge funds and large institutions have $1.16B invested in First Trust Utilities AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 47 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
8% more funds holding
Funds holding: 99 → 107 (+8)
2.69% less ownership
Funds ownership: 84.28% → 81.59% (-2.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
40% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 47
70% less capital inflows, than outflows
Capital inflows: $39M | Capital outflows: $131M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$11.2M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$3.26M |
| 3 |
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$2.64M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.26M |
| 5 |
Gateway Advisory
Westfield,
New Jersey
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$52.1M |
| 2 |
Morgan Stanley
New York
|
-$21.3M |
| 3 |
Hays Advisory
Franklin,
Tennessee
|
-$17.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.93M |
| 5 |
Tower Research Capital (TRC)
New York
|
-$4.27M |
FXU Hedge Fund Activity: Q1 2017 in Review
107 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2017, worth a combined $1.16B — down 7.2% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXU positions and 12 closed out — a net gain of 9 holders — while 28 added to existing stakes and 47 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $11.2M. The largest seller was First Trust Advisors, cutting an estimated $52.1M.
- 107 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2017, up from 99 in Q4 2016.
- Funds reported $1.16B of First Trust Utilities AlphaDEX Fund stock for Q1 2017, down 7.2% quarter-over-quarter.
- 21 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2017 and 12 closed out, a net change of +9 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2017 was Raymond James & Associates, an estimated $11.2M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2017 was First Trust Advisors, an estimated $52.1M sold.
Based on aggregated 13F filings for Q1 2017.