First Trust Utilities AlphaDEX Fund
FXU
105 hedge funds and large institutions have $1.06B invested in First Trust Utilities AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 18 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
1.54% less ownership
Funds ownership: 82.86% → 81.32% (-1.5%)
3% less funds holding
Funds holding: 108 → 105 (-3)
5% less capital invested
Capital invested by funds: $1.12B → $1.06B (-$57.9M)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
+$10.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.16M |
| 4 |
Morgan Stanley
New York
|
+$4.06M |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$51.5M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$34.7M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$6.74M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.07M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.5M |
FXU Hedge Fund Activity: Q3 2019 in Review
105 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2019, worth a combined $1.06B — down 5.2% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FXU and 15 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 36 added.
The largest buyer was Trilogy Capital, opening a new position worth an estimated $10.6M. The largest seller was First Trust Advisors, cutting an estimated $51.5M.
- 105 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2019, down from 108 in Q2 2019.
- Funds reported $1.06B of First Trust Utilities AlphaDEX Fund stock for Q3 2019, down 5.2% quarter-over-quarter.
- 15 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2019 and 18 closed out, a net change of -3 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2019 was Trilogy Capital, an estimated $10.6M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2019 was First Trust Advisors, an estimated $51.5M sold.
Based on aggregated 13F filings for Q3 2019.