First Trust Brazil AlphaDEX Fund
FBZ was delisted on the 11th of July, 2025.
22 hedge funds and large institutions have $16.2M invested in First Trust Brazil AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 9 closing their positions.
21% less funds holding
Funds holding: 28 → 22 (-6)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
54.82% less ownership
Funds ownership: 120.06% → 65.24% (-55%)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
88% less capital invested
Capital invested by funds: $135M → $16.2M (-$119M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.24M |
| 2 |
Citigroup
New York
|
+$960K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$759K |
| 4 |
SG Americas Securities
New York
|
+$664K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$109M |
| 2 |
Morgan Stanley
New York
|
-$6.7M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.68M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$1.57M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.01M |
FBZ Hedge Fund Activity: Q2 2017 in Review
22 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Brazil AlphaDEX Fund (FBZ) for Q2 2017, worth a combined $16.2M — down 88% from $135M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FBZ and 3 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.24M. The largest seller was First Trust Advisors, exiting entirely with an estimated $109M sold.
- 22 institutional investors held First Trust Brazil AlphaDEX Fund (FBZ) as of Q2 2017, down from 28 in Q1 2017.
- Funds reported $16.2M of First Trust Brazil AlphaDEX Fund stock for Q2 2017, down 88% quarter-over-quarter.
- 3 funds opened new First Trust Brazil AlphaDEX Fund positions in Q2 2017 and 9 closed out, a net change of -6 holders.
- The largest First Trust Brazil AlphaDEX Fund buyer in Q2 2017 was Millennium Management, an estimated $4.24M added.
- The largest First Trust Brazil AlphaDEX Fund seller in Q2 2017 was First Trust Advisors, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2017.