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First Trust Utilities AlphaDEX Fund

94 hedge funds and large institutions have $241M invested in First Trust Utilities AlphaDEX Fund in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

153% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 15

140% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 10

60% more capital invested

Capital invested by funds: $151M → $241M (+$89.8M)

18% more funds holding

Funds holding: 8094 (+14)

4.89% more ownership

Funds ownership: 61.33%66.22% (+4.9%)

Holders
94
Holders Change
+14
Holders Change %
+17.5%
% of All Funds
1.58%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
24
Increased
38
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWM
1
Congress Wealth Management
Massachusetts
$55.9M +$9.93M +295,830 +21%
Morgan Stanley
2
Morgan Stanley
New York
$53.6M +$26.2M +780,326 +89%
Wells Fargo
3
Wells Fargo
California
$18.5M +$13.4M +399,709 +233%
LPL Financial
4
LPL Financial
California
$12.6M +$5.24M +156,107 +67%
VCM
5
Virtue Capital Management
Tennessee
$9.87M +$10.3M +305,469 New
UBS Group
6
UBS Group
Switzerland
$8.55M +$674K +20,059 +8%
Truist Financial
7
Truist Financial
North Carolina
$7.63M +$2.67M +79,425 +51%
Bank of America
8
Bank of America
North Carolina
$6.66M +$1.55M +46,134 +29%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$5.85M +$1.15M +34,360 +23%
FEG
10
Financial Enhancement Group
Indiana
$4.73M +$4.92M +146,484 New
CAN
11
Cetera Advisor Networks
California
$4.59M +$3.36M +99,929 +237%
KA
12
Kovack Advisors
Florida
$3.37M +$3.5M +104,308 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.84M +$2.23M +66,437 +310%
Stifel Financial
14
Stifel Financial
Missouri
$2.77M +$417K +12,411 +17%
Osaic Holdings
15
Osaic Holdings
Arizona
$2.52M +$643K +19,148 +33%
HI
16
Harbour Investments
Wisconsin
$2.44M +$2.53M +75,488 New
RJA
17
Raymond James & Associates
Florida
$2.43M +$296K +8,823 +13%
RCAG
18
Rehmann Capital Advisory Group
Michigan
$2.43M +$1.26M +37,653 +100%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$2.34M +$231K +6,871 +10%
CA
20
CoreCap Advisors
Michigan
$1.88M +$1.95M +58,129 New
RJFSA
21
Raymond James Financial Services Advisors
Florida
$1.83M +$162K +4,822 +9%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$1.72M +$649K +19,342 +57%
PAG
23
Private Advisor Group
New Jersey
$1.51M +$1.26M +37,476 +398%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$1.45M +$516K +15,356 +52%
TFA
25
Transamerica Financial Advisors
Florida
$1.35M +$1.41M +41,860 +69,767%

FXU Hedge Fund Activity: Q2 2022 in Review

94 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2022, worth a combined $241M — up 60% from $151M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXU positions and 10 closed out — a net gain of 14 holders — while 38 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $26.2M. The largest seller was IHT Wealth Management, exiting entirely with an estimated $1.6M sold.

  • 94 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2022, up from 80 in Q1 2022.
  • Funds reported $241M of First Trust Utilities AlphaDEX Fund stock for Q2 2022, up 60% quarter-over-quarter.
  • 24 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2022 and 10 closed out, a net change of +14 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2022 was Morgan Stanley, an estimated $26.2M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q2 2022 was IHT Wealth Management, an estimated $1.6M sold.

Based on aggregated 13F filings for Q2 2022.