First Trust Materials AlphaDEX Fund
FXZ
122 hedge funds and large institutions have $281M invested in First Trust Materials AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 34 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $244M → $281M (+$37.1M)
12% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 34
7% more funds holding
Funds holding: 114 → 122 (+8)
0.48% more ownership
Funds ownership: 70.23% → 70.72% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.6M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$8.79M |
| 3 |
Two Sigma Investments
New York
|
+$5.44M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$3.27M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
-$5.81M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.83M |
| 4 |
WWA
WCG Wealth Advisors
Las Vegas,
Nevada
|
-$2.66M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.2M |
FXZ Hedge Fund Activity: Q2 2026 in Review
122 of the 8,351 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2026, worth a combined $281M — up 15% from $244M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXZ positions and 5 closed out — a net gain of 9 holders — while 38 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.6M. The largest seller was IronBridge Private Wealth, exiting entirely with an estimated $5.81M sold.
- 122 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2026, up from 114 in Q1 2026.
- Funds reported $281M of First Trust Materials AlphaDEX Fund stock for Q2 2026, up 15% quarter-over-quarter.
- 14 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2026 and 5 closed out, a net change of +9 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2026 was Morgan Stanley, an estimated $11.6M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2026 was IronBridge Private Wealth, an estimated $5.81M sold.
Based on aggregated 13F filings for Q2 2026.