First Trust Utilities AlphaDEX Fund
FXU
72 hedge funds and large institutions have $169M invested in First Trust Utilities AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 20 closing their positions.
38% more capital invested
Capital invested by funds: $123M → $169M (+$46.4M)
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
7.75% more ownership
Funds ownership: 58.28% → 66.03% (+7.8%)
16% less funds holding
Funds holding: 86 → 72 (-14)
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.47M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.25M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$5.69M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$1.79M |
| 2 |
Goldman Sachs
New York
|
-$1.27M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$870K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$770K |
FXU Hedge Fund Activity: Q2 2018 in Review
72 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2018, worth a combined $169M — up 38% from $123M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXU and 7 opened new positions — a net loss of 13 holders — while 21 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $14.9M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $1.79M sold.
- 72 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2018, down from 86 in Q1 2018.
- Funds reported $169M of First Trust Utilities AlphaDEX Fund stock for Q2 2018, up 38% quarter-over-quarter.
- 7 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2018 and 20 closed out, a net change of -13 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2018 was Morgan Stanley, an estimated $14.9M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2018 was Simplicity Solutions, an estimated $1.79M sold.
Based on aggregated 13F filings for Q2 2018.