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First Trust Utilities AlphaDEX Fund

94 hedge funds and large institutions have $633M invested in First Trust Utilities AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 46 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.58% less ownership

Funds ownership: 81.71%80.13% (-1.6%)

10% less funds holding

Funds holding: 10494 (-10)

30% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 23

38% less capital invested

Capital invested by funds: $1.03B → $633M (-$392M)

57% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 46

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
94
Holders Change
-10
Holders Change %
-9.62%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
16
Increased
20
Reduced
46
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$330M -$154M -5,435,265 -29%
Morgan Stanley
2
Morgan Stanley
New York
$63.1M -$24.7M -870,748 -25%
Wells Fargo
3
Wells Fargo
California
$49.6M -$11.1M -392,282 -16%
Bank of America
4
Bank of America
North Carolina
$24.5M -$11.7M -411,956 -29%
UBS Group
5
UBS Group
Switzerland
$22.4M -$2.82M -99,645 -10%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$12.7M +$12.2K +431 +0.1%
RJA
7
Raymond James & Associates
Florida
$10.5M -$4.25M -150,073 -26%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$9.76M -$2.25M -79,479 -17%
Truist Financial
9
Truist Financial
North Carolina
$8.79M -$1.44M -50,812 -12%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$6.99M -$4.76M -167,941 -37%
LPL Financial
11
LPL Financial
California
$6.85M -$2.33M -82,040 -23%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$5.71M +$550K +19,393 +9%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$5.57M +$128K +4,529 +2%
BFEC
14
Benjamin F. Edwards & Company
Missouri
$4.99M -$1.09M -38,495 -16%
NC
15
NewSquare Capital
Pennsylvania
$4.91M -$13.7M -483,594 -71%
ODG
16
O'Dell Group
Ohio
$4.8M -$123K -4,356 -2%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$3.95M +$3.23M +113,997 +243%
ASN
18
Advisory Services Network
Georgia
$3.94M +$159K +5,614 +4%
NA
19
NewEdge Advisors
Louisiana
$3.75M -$2.88M -101,687 -40%
COF
20
Capital One Financial
Virginia
$3.32M +$3.83M +135,158 New
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$3.31M -$1.63M -57,390 -30%
JAWM
22
J. Arnold Wealth Management
Ohio
$3.12M -$3.48M -122,664 -49%
GA
23
Gateway Advisory
New Jersey
$2.94M -$3.46M -122,192 -50%
Osaic Holdings
24
Osaic Holdings
Arizona
$2.93M +$3.4M +119,908 New
Stifel Financial
25
Stifel Financial
Missouri
$2.88M -$3.82M -134,819 -53%

FXU Hedge Fund Activity: Q1 2020 in Review

94 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2020, worth a combined $633M — down 38% from $1.03B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of FXU and 16 opened new positions — a net loss of 7 holders — while 46 trimmed existing stakes and 20 added.

The largest buyer was Susquehanna International Group, adding an estimated $3.23M. The largest seller was First Trust Advisors, cutting an estimated $154M.

  • 94 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2020, down from 104 in Q4 2019.
  • Funds reported $633M of First Trust Utilities AlphaDEX Fund stock for Q1 2020, down 38% quarter-over-quarter.
  • 16 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2020 and 23 closed out, a net change of -7 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $3.23M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q1 2020 was First Trust Advisors, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2020.