First Trust Utilities AlphaDEX Fund
FXU
197 hedge funds and large institutions have $651M invested in First Trust Utilities AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 59 increasing their positions, 76 reducing their positions, and 30 closing their positions.
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
1% less funds holding
Funds holding: 199 → 197 (-2)
13.08% less ownership
Funds ownership: 88.39% → 75.31% (-13%)
22% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 76
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
59% less capital invested
Capital invested by funds: $1.6B → $651M (-$944M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$16.8M |
| 2 |
RW
Rockport Wealth
Fairview Park,
Ohio
|
+$10.7M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$6.89M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.52M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$761M |
| 2 |
Morgan Stanley
New York
|
-$62.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$36.6M |
| 4 |
NP
Nilsine Partners
Greenwood Village,
Colorado
|
-$22.7M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$20.3M |
FXU Hedge Fund Activity: Q1 2026 in Review
197 of the 8,180 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2026, worth a combined $651M — down 59% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FXU positions and 30 closed out — a net gain of 1 holder — while 59 added to existing stakes and 76 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $16.8M. The largest seller was First Trust Advisors, exiting entirely with an estimated $761M sold.
- 197 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2026, down from 199 in Q4 2025.
- Funds reported $651M of First Trust Utilities AlphaDEX Fund stock for Q1 2026, down 59% quarter-over-quarter.
- 31 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2026 and 30 closed out, a net change of +1 holder.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2026 was Two Sigma Investments, an estimated $16.8M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2026 was First Trust Advisors, an estimated $761M sold.
Based on aggregated 13F filings for Q1 2026.