First Trust Utilities AlphaDEX Fund
FXU
86 hedge funds and large institutions have $123M invested in First Trust Utilities AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 40 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
44.53% more ownership
Funds ownership: 13.75% → 58.28% (+45%)
12% more funds holding
Funds holding: 77 → 86 (+9)
78% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 40
89% less capital inflows, than outflows
Capital inflows: $5.81M | Capital outflows: $50.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.77M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
+$981K |
| 3 |
Suntrust Banks
Atlanta,
Georgia
|
+$544K |
| 4 |
Tower Research Capital (TRC)
New York
|
+$470K |
| 5 |
Pacific Sun Financial
Los Angeles,
California
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.39M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.16M |
| 4 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$3.87M |
| 5 |
RiverFront Investment Group
Richmond,
Virginia
|
-$2.02M |
FXU Hedge Fund Activity: Q1 2018 in Review
86 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2018, worth a combined $123M — down 29% from $172M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXU positions and 6 closed out — a net gain of 11 holders — while 9 added to existing stakes and 40 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $1.77M. The largest seller was Morgan Stanley, cutting an estimated $20.7M.
- 86 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2018, up from 77 in Q4 2017.
- Funds reported $123M of First Trust Utilities AlphaDEX Fund stock for Q1 2018, down 29% quarter-over-quarter.
- 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2018 and 6 closed out, a net change of +11 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2018 was Simplicity Solutions, an estimated $1.77M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2018 was Morgan Stanley, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2018.