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First Trust Utilities AlphaDEX Fund

110 hedge funds and large institutions have $166M invested in First Trust Utilities AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 30 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

23% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 30

14% more capital invested

Capital invested by funds: $146M → $166M (+$20.1M)

7% more funds holding

Funds holding: 103110 (+7)

3.52% more ownership

Funds ownership: 64.85%68.37% (+3.5%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
110
Holders Change
+7
Holders Change %
+6.8%
% of All Funds
1.59%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
17
Increased
37
Reduced
30
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
$30.7M +$902K +27,042 +3%
LPL Financial
2
LPL Financial
California
$14.4M +$1.71M +51,383 +13%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$12.7M +$5.15M +154,194 +67%
Truist Financial
4
Truist Financial
North Carolina
$12.1M +$4.9M +146,964 +67%
CAG
5
Csenge Advisory Group
Florida
$10.3M +$3.88M +116,203 +60%
HI
6
Harbour Investments
Wisconsin
$9.64M -$145K -4,357 -1%
PCH
7
PGIM Custom Harvest
New Jersey
$8.11M -$753K -22,550 -8%
Wells Fargo
8
Wells Fargo
California
$6.73M +$1.09M +32,751 +19%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$6.14M +$2.51M +75,331 +68%
UBS Group
10
UBS Group
Switzerland
$5.96M +$4.2M +125,780 +231%
DWA
11
Delos Wealth Advisors
Texas
$4.18M +$662K +19,824 +19%
RJA
12
Raymond James & Associates
Florida
$3.43M -$79.6K -2,386 -2%
Bank of America
13
Bank of America
North Carolina
$3.21M +$613K +18,360 +23%
Osaic Holdings
14
Osaic Holdings
Arizona
$2.24M -$1.05M -31,345 -32%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$2.1M -$1.06M -31,646 -33%
Stifel Financial
16
Stifel Financial
Missouri
$1.93M +$1.28M +38,211 +190%
VAS
17
Vestmark Advisory Solutions
Massachusetts
$1.83M +$34.2K +1,025 +2%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$1.69M +$1.24M +37,147 +268%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$1.55M -$519K -15,564 -25%
IWC
20
Integrated Wealth Concepts
Massachusetts
$1.24M +$524K +15,689 +72%
SPC
21
Sigma Planning Corp
Michigan
$1.18M +$1.19M +35,669 New
Citadel Advisors
22
Citadel Advisors
Florida
$1.11M +$451K +13,512 +67%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$1.1M +$11.7K +351 +1%
CAS
24
Coppell Advisory Solutions
Texas
$1.02M +$1.02M +30,693 New
PAG
25
Private Advisor Group
New Jersey
$994K -$673K -20,166 -40%

FXU Hedge Fund Activity: Q2 2024 in Review

110 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2024, worth a combined $166M — up 14% from $146M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FXU positions and 9 closed out — a net gain of 8 holders — while 37 added to existing stakes and 30 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $5.15M. The largest seller was One Plus One Wealth Management, exiting entirely with an estimated $5.19M sold.

  • 110 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2024, up from 103 in Q1 2024.
  • Funds reported $166M of First Trust Utilities AlphaDEX Fund stock for Q2 2024, up 14% quarter-over-quarter.
  • 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2024 and 9 closed out, a net change of +8 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2024 was Envestnet Asset Management, an estimated $5.15M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q2 2024 was One Plus One Wealth Management, an estimated $5.19M sold.

Based on aggregated 13F filings for Q2 2024.