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First Trust Utilities AlphaDEX Fund

108 hedge funds and large institutions have $1.12B invested in First Trust Utilities AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 48 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

361% more capital invested

Capital invested by funds: $243M → $1.12B (+$879M)

182% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 17

170% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

20.23% more ownership

Funds ownership: 62.63%82.86% (+20%)

14% more funds holding

Funds holding: 95108 (+13)

Holders
108
Holders Change
+13
Holders Change %
+13.68%
% of All Funds
2.35%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
27
Increased
48
Reduced
17
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$583M +$578M +20,307,209 New
Morgan Stanley
2
Morgan Stanley
New York
$106M +$54.8M +1,925,087 +109%
Wells Fargo
3
Wells Fargo
California
$72.2M +$46.6M +1,637,787 +187%
Bank of America
4
Bank of America
North Carolina
$36.4M +$27.1M +953,433 +302%
RIG
5
RiverFront Investment Group
Virginia
$34.7M -$849K -29,824 -2%
UBS Group
6
UBS Group
Switzerland
$29.6M +$9.46M +332,365 +48%
RJA
7
Raymond James & Associates
Florida
$25.1M +$11M +385,298 +79%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$19.9M +$12.3M +432,034 +165%
NC
9
NewSquare Capital
Pennsylvania
$17.5M +$17.3M +608,861 +72,140%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$16.3M +$10.7M +377,343 +199%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$14.3M +$13.9M +489,748 +5,766%
HighTower Advisors
12
HighTower Advisors
Illinois
$10.7M +$1.67M +58,592 +19%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$9.28M +$5.89M +207,119 +178%
LPL Financial
14
LPL Financial
California
$9.2M +$1.56M +54,961 +21%
ODG
15
O'Dell Group
Ohio
$8.86M +$8.78M +308,675 New
Baird Financial Group
16
Baird Financial Group
Wisconsin
$7.63M +$6.73M +236,543 +811%
SB
17
Suntrust Banks
Georgia
$7.14M +$7.25M +254,738 +1,112%
GA
18
Gateway Advisory
New Jersey
$6.63M +$6.58M +231,118 New
Stifel Financial
19
Stifel Financial
Missouri
$6.55M +$1.5M +52,777 +30%
NA
20
NewEdge Advisors
Louisiana
$6.47M +$6.21M +218,175 +3,092%
SAM
21
Shamrock Asset Management
Texas
$6.43M -$516K -18,117 -7%
BFEC
22
Benjamin F. Edwards & Company
Missouri
$5.88M +$5.62M +197,589 +2,725%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$5.63M +$3.55M +124,603 +174%
WP
24
WealthSource Partners
California
$5.61M +$5.56M +195,229 New
BTS
25
BB&T Securities
Virginia
$5.48M +$2.78M +97,705 +105%

FXU Hedge Fund Activity: Q2 2019 in Review

108 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2019, worth a combined $1.12B — up 361% from $243M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new FXU positions and 10 closed out — a net gain of 17 holders — while 48 added to existing stakes and 17 trimmed.

The largest buyer was First Trust Advisors, opening a new position worth an estimated $578M. The largest seller was Virtu Financial, exiting entirely with an estimated $853K sold.

  • 108 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2019, up from 95 in Q1 2019.
  • Funds reported $1.12B of First Trust Utilities AlphaDEX Fund stock for Q2 2019, up 361% quarter-over-quarter.
  • 27 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2019 and 10 closed out, a net change of +17 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2019 was First Trust Advisors, an estimated $578M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q2 2019 was Virtu Financial, an estimated $853K sold.

Based on aggregated 13F filings for Q2 2019.