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First Trust Utilities AlphaDEX Fund

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.

New
Increased
Maintained
Reduced
Closed

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

12% more funds holding

Funds holding: 7786 (+9)

1.95% less ownership

Funds ownership: 60.23%58.28% (-2%)

29% less capital invested

Capital invested by funds: $172M → $123M (-$49.7M)

78% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 40

Holders
86
Holders Change
+9
Holders Change %
+11.69%
% of All Funds
1.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
9
Reduced
40
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$36.9M -$2.02M -80,628 -5%
Morgan Stanley
2
Morgan Stanley
New York
$16.6M -$20.7M -824,283 -56%
RJA
3
Raymond James & Associates
Florida
$15.6M +$981K +39,136 +7%
Wells Fargo
4
Wells Fargo
California
$9.93M -$7.39M -294,943 -43%
Bank of America
5
Bank of America
North Carolina
$6.57M -$5.16M -205,916 -44%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$3.81M +$150K +5,963 +4%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$3.6M -$567K -22,614 -14%
UBS Group
8
UBS Group
Switzerland
$3.39M -$748K -29,848 -18%
BTS
9
BB&T Securities
Virginia
$3.38M -$65.2K -2,602 -2%
LPL Financial
10
LPL Financial
California
$2.47M -$119K -4,760 -5%
SS
11
Simplicity Solutions
Minnesota
$1.79M +$1.77M +70,643 New
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.39M -$122K -4,864 -8%
Goldman Sachs
13
Goldman Sachs
New York
$1.27M -$4.26K -170 -0.3%
TRCT
14
Tower Research Capital (TRC)
New York
$1.06M +$470K +18,747 +82%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$1.04M -$273K -10,872 -21%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$870K -$1.84M -73,540 -68%
AA
17
Advisory Alpha
Michigan
$828K -$247K -9,861 -23%
Stifel Financial
18
Stifel Financial
Missouri
$744K +$127K +5,055 +21%
CAN
19
Cetera Advisor Networks
California
$721K -$101K -4,016 -12%
Koshinski Asset Management
20
Koshinski Asset Management
Illinois
$655K -$71.5K -2,852 -10%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$629K -$833K -33,242 -57%
NA
22
NewEdge Advisors
Louisiana
$605K -$40.3K -1,607 -6%
HFS
23
HL Financial Services
Kentucky
$583K -$21.4K -852 -4%
SB
24
Suntrust Banks
Georgia
$550K +$544K +21,700 New
MML Investors Services
25
MML Investors Services
Massachusetts
$465K -$61.5K -2,452 -12%

FXU Hedge Fund Activity: Q1 2018 in Review

86 of the 4,363 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.