First Trust Brazil AlphaDEX Fund
FBZ was delisted on the 11th of July, 2025.
13 hedge funds and large institutions have $3.26M invested in First Trust Brazil AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 7 closing their positions.
24% less funds holding
Funds holding: 17 → 13 (-4)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
43.78% less ownership
Funds ownership: 95.26% → 51.49% (-44%)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
95% less capital invested
Capital invested by funds: $59.9M → $3.26M (-$56.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.44M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$439K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$192K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$56.5K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$42.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$54.8M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.35M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$365K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$248K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$228K |
FBZ Hedge Fund Activity: Q1 2023 in Review
13 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Brazil AlphaDEX Fund (FBZ) for Q1 2023, worth a combined $3.26M — down 95% from $59.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FBZ and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $1.44M. The largest seller was First Trust Advisors, exiting entirely with an estimated $54.8M sold.
- 13 institutional investors held First Trust Brazil AlphaDEX Fund (FBZ) as of Q1 2023, down from 17 in Q4 2022.
- Funds reported $3.26M of First Trust Brazil AlphaDEX Fund stock for Q1 2023, down 95% quarter-over-quarter.
- 3 funds opened new First Trust Brazil AlphaDEX Fund positions in Q1 2023 and 7 closed out, a net change of -4 holders.
- The largest First Trust Brazil AlphaDEX Fund buyer in Q1 2023 was Jane Street, an estimated $1.44M added.
- The largest First Trust Brazil AlphaDEX Fund seller in Q1 2023 was First Trust Advisors, an estimated $54.8M sold.
Based on aggregated 13F filings for Q1 2023.