First Trust Utilities AlphaDEX Fund
FXU
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.
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
15% more capital invested
Capital invested by funds: $145M → $166M (+$21.1M)
7% more funds holding
Funds holding: 103 → 110 (+7)
3.97% more ownership
Funds ownership: 64.4% → 68.37% (+4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.15M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$4.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.2M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$3.88M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
-$5.19M |
| 2 |
TCM
Triumph Capital Management
Denver,
Colorado
|
-$2.33M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$1.32M |
| 4 |
Jane Street
New York
|
-$1.08M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.06M |
FXU Hedge Fund Activity: Q2 2024 in Review
110 of the 6,935 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 15% from $145M 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 15% 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.