First Trust Utilities AlphaDEX Fund
FXU
108 hedge funds and large institutions have $293M invested in First Trust Utilities AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 21 reducing their positions, and 9 closing their positions.
340% more capital inflows, than outflows
Capital inflows: $94.6M | Capital outflows: $21.5M
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
105% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 21
15% more funds holding
Funds holding: 94 → 108 (+14)
3.09% more ownership
Funds ownership: 66.22% → 69.31% (+3.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$13.9M |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
+$10.9M |
| 3 |
Kestra Advisory Services
Austin,
Texas
|
+$5.94M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.67M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Congress Wealth Management
Boston,
Massachusetts
|
-$10.5M |
| 2 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$2.4M |
| 3 |
CoreCap Advisors
Southfield,
Michigan
|
-$1.41M |
| 4 |
Goldman Sachs
New York
|
-$1.2M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.02M |
FXU Hedge Fund Activity: Q3 2022 in Review
108 of the 5,832 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2022, worth a combined $293M — up 22% from $241M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FXU positions and 9 closed out — a net gain of 14 holders — while 43 added to existing stakes and 21 trimmed.
The largest buyer was LPL Financial, adding an estimated $13.9M. The largest seller was Congress Wealth Management, cutting an estimated $10.5M.
- 108 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2022, up from 94 in Q2 2022.
- Funds reported $293M of First Trust Utilities AlphaDEX Fund stock for Q3 2022, up 22% quarter-over-quarter.
- 23 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2022 and 9 closed out, a net change of +14 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2022 was LPL Financial, an estimated $13.9M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2022 was Congress Wealth Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2022.