First Trust Brazil AlphaDEX Fund
FBZ was delisted on the 11th of July, 2025.
27 hedge funds and large institutions have $99.9M invested in First Trust Brazil AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 9 closing their positions.
1.94% less ownership
Funds ownership: 94.1% → 92.16% (-1.9%)
18% less funds holding
Funds holding: 33 → 27 (-6)
22% less capital invested
Capital invested by funds: $128M → $99.9M (-$28.5M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$770K |
| 2 |
Jane Street
New York
|
+$570K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$115K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$66.1K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$56.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$24M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.18M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.15M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$998K |
FBZ Hedge Fund Activity: Q3 2019 in Review
27 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Trust Brazil AlphaDEX Fund (FBZ) for Q3 2019, worth a combined $99.9M — down 22% from $128M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FBZ and 3 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 3 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $770K. The largest seller was First Trust Advisors, cutting an estimated $24M.
- 27 institutional investors held First Trust Brazil AlphaDEX Fund (FBZ) as of Q3 2019, down from 33 in Q2 2019.
- Funds reported $99.9M of First Trust Brazil AlphaDEX Fund stock for Q3 2019, down 22% quarter-over-quarter.
- 3 funds opened new First Trust Brazil AlphaDEX Fund positions in Q3 2019 and 9 closed out, a net change of -6 holders.
- The largest First Trust Brazil AlphaDEX Fund buyer in Q3 2019 was Millennium Management, an estimated $770K added.
- The largest First Trust Brazil AlphaDEX Fund seller in Q3 2019 was First Trust Advisors, an estimated $24M sold.
Based on aggregated 13F filings for Q3 2019.