First Trust Utilities AlphaDEX Fund
FXU
104 hedge funds and large institutions have $1.17B invested in First Trust Utilities AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 45 reducing their positions, and 10 closing their positions.
4.46% more ownership
Funds ownership: 81.59% → 86.04% (+4.5%)
1% more capital invested
Capital invested by funds: $1.16B → $1.17B (+$15.4M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 107 → 104 (-3)
18% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 45
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$35.1M |
| 2 |
Goldman Sachs
New York
|
+$23.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.05M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$3M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$31.2M |
| 2 |
Morgan Stanley
New York
|
-$8.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.78M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.14M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.12M |
FXU Hedge Fund Activity: Q2 2017 in Review
104 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2017, worth a combined $1.17B — up 1.3% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXU and 7 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 37 added.
The largest buyer was MML Investors Services, opening a new position worth an estimated $35.1M. The largest seller was First Trust Advisors, cutting an estimated $31.2M.
- 104 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2017, down from 107 in Q1 2017.
- Funds reported $1.17B of First Trust Utilities AlphaDEX Fund stock for Q2 2017, up 1.3% quarter-over-quarter.
- 7 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2017 and 10 closed out, a net change of -3 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2017 was MML Investors Services, an estimated $35.1M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2017 was First Trust Advisors, an estimated $31.2M sold.
Based on aggregated 13F filings for Q2 2017.