First Trust Materials AlphaDEX Fund
FXZ
48 hedge funds and large institutions have $108M invested in First Trust Materials AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 20 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
21% less funds holding
Funds holding: 61 → 48 (-13)
32.1% less ownership
Funds ownership: 86.41% → 54.31% (-32%)
60% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 20
82% less capital invested
Capital invested by funds: $594M → $108M (-$486M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
+$7.44M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.74M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.16M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.79M |
| 5 |
VF
Virtu Financial
New York
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$264M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$55.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$31.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$31.2M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$30.5M |
FXZ Hedge Fund Activity: Q4 2014 in Review
48 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2014, worth a combined $108M — down 82% from $594M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXZ and 8 opened new positions — a net loss of 12 holders — while 19 trimmed existing stakes and 18 added.
The largest buyer was BBVA USA Bancshares, opening a new position worth an estimated $7.44M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $264M sold.
- 48 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2014, down from 61 in Q3 2014.
- Funds reported $108M of First Trust Materials AlphaDEX Fund stock for Q4 2014, down 82% quarter-over-quarter.
- 8 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2014 and 20 closed out, a net change of -12 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2014 was BBVA USA Bancshares, an estimated $7.44M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2014 was F-Squared Investment Management, an estimated $264M sold.
Based on aggregated 13F filings for Q4 2014.