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First Trust Utilities AlphaDEX Fund

103 hedge funds and large institutions have $146M invested in First Trust Utilities AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

4% more funds holding

Funds holding: 99103 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

15.05% less ownership

Funds ownership: 79.9%64.85% (-15%)

25% less capital invested

Capital invested by funds: $195M → $146M (-$48.6M)

40% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 40

Holders
103
Holders Change
+4
Holders Change %
+4.04%
% of All Funds
1.48%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
24
Reduced
40
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$29.2M -$47.5M -1,539,324 -63%
LPL Financial
2
LPL Financial
California
$12.5M -$5.28M -171,082 -31%
HI
3
Harbour Investments
Wisconsin
$9.6M +$443K +14,344 +5%
PCH
4
PGIM Custom Harvest
New Jersey
$8.69M -$1.42M -45,913 -15%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$7.47M +$1.3M +42,143 +22%
Truist Financial
6
Truist Financial
North Carolina
$7.12M +$1.91M +61,987 +39%
CAG
7
Csenge Advisory Group
Florida
$6.34M +$121K +3,921 +2%
Wells Fargo
8
Wells Fargo
California
$5.55M +$401K +13,004 +8%
OPOWM
9
One Plus One Wealth Management
Florida
$5.19M -$475K -15,380 -9%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$3.58M -$254K -8,239 -7%
DWA
11
Delos Wealth Advisors
Texas
$3.46M +$543K +17,591 +20%
RJA
12
Raymond James & Associates
Florida
$3.45M +$51.7K +1,675 +2%
Osaic Holdings
13
Osaic Holdings
Arizona
$3.21M -$498K -16,150 -14%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$3.09M +$1.52M +49,385 +108%
Bank of America
15
Bank of America
North Carolina
$2.56M -$303K -9,830 -11%
TCM
16
Triumph Capital Management
Colorado
$2.33M +$1.17M +38,016 +111%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$2.03M -$682K -22,105 -26%
UBS Group
18
UBS Group
Switzerland
$1.77M -$143K -4,629 -8%
VAS
19
Vestmark Advisory Solutions
Massachusetts
$1.76M +$53.6K +1,736 +3%
CAN
20
Cetera Advisor Networks
California
$1.75M -$3.4M -110,101 -67%
GS
21
GTS Securities
New York
$1.71M +$1.21M +39,099 +290%
PAG
22
Private Advisor Group
New Jersey
$1.63M +$831K +26,917 +115%
Jane Street
23
Jane Street
New York
$1.08M +$785K +25,436 +329%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$1.07M -$323K -10,467 -24%
GAA
25
Global Assets Advisory
Florida
$1M +$996K +32,290 New

FXU Hedge Fund Activity: Q1 2024 in Review

103 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2024, worth a combined $146M — down 25% from $195M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FXU positions and 9 closed out — a net gain of 8 holders — while 24 added to existing stakes and 40 trimmed.

The largest buyer was Truist Financial, adding an estimated $1.91M. The largest seller was Morgan Stanley, cutting an estimated $47.5M.

  • 103 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2024, up from 99 in Q4 2023.
  • Funds reported $146M of First Trust Utilities AlphaDEX Fund stock for Q1 2024, down 25% quarter-over-quarter.
  • 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2024 and 9 closed out, a net change of +8 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2024 was Truist Financial, an estimated $1.91M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $47.5M sold.

Based on aggregated 13F filings for Q1 2024.