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First Trust Materials AlphaDEX Fund

68 hedge funds and large institutions have $141M invested in First Trust Materials AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 38 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11.53% less ownership

Funds ownership: 61.72%50.19% (-12%)

13% less funds holding

Funds holding: 7868 (-10)

22% less capital invested

Capital invested by funds: $181M → $141M (-$40.5M)

50% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 38

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

89% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 9

Holders
68
Holders Change
-10
Holders Change %
-12.82%
% of All Funds
1.7%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
1
Increased
19
Reduced
38
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
26
Jane Street
New York
$578K -$800K -20,585 -59%
MML Investors Services
27
MML Investors Services
Massachusetts
$558K -$197K -5,063 -27%
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$552K +$60.1K +1,546 +13%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$504K +$20.6K +530 +4%
WI
30
Wintrust Investments
Illinois
$478K +$212K +5,459 +86%
SG Americas Securities
31
SG Americas Securities
New York
$461K +$102K +2,618 +30%
RPG
32
Risk Paradigm Group
Texas
$441K -$22.7K -583 -5%
FAAS
33
First Allied Advisory Services
California
$413K -$31.3K -805 -7%
IA
34
IFP Advisors
Florida
$392K
PFS
35
Prospera Financial Services
Texas
$390K -$44.3K -1,139 -11%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$385K +$90.8K +2,337 +32%
AG
37
Advisor Group
Arizona
$375K -$22.4K -577 -6%
FA
38
FDx Advisors
Illinois
$375K -$7.58K -195 -2%
Creative Planning
39
Creative Planning
Kansas
$373K +$330K +8,500 +1,161%
BFEC
40
Benjamin F. Edwards & Company
Missouri
$371K -$62.8K -1,616 -15%
LFAS
41
Level Four Advisory Services
Texas
$353K -$44.6K -1,148 -12%
SWP
42
Stratos Wealth Partners
Ohio
$352K +$21.2K +545 +7%
WP
43
WealthSource Partners
California
$336K -$311 -8 -0.1%
CI
44
Cavalier Investments
Georgia
$324K +$77.1K +1,984 +33%
BTS
45
BB&T Securities
Virginia
$318K -$4.19M -107,915 -93%
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$312K -$65K -1,673 -18%
LTFS
47
Ladenburg Thalmann Financial Services
Florida
$306K -$531K -13,672 -64%
Goldman Sachs
48
Goldman Sachs
New York
$252K -$584K -15,025 -71%
TSS
49
Two Sigma Securities
New York
$215K -$35.6K -915 -15%
Ameriprise
50
Ameriprise
Minnesota
$206K -$2.66M -68,450 -93%

FXZ Hedge Fund Activity: Q3 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2017, worth a combined $141M — down 22% from $181M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FXZ and 1 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 19 added.

The largest buyer was LPL Financial, adding an estimated $3.17M. The largest seller was Navellier & Associates, exiting entirely with an estimated $16.6M sold.

  • 68 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2017, down from 78 in Q2 2017.
  • Funds reported $141M of First Trust Materials AlphaDEX Fund stock for Q3 2017, down 22% quarter-over-quarter.
  • 1 fund opened new First Trust Materials AlphaDEX Fund positions in Q3 2017 and 9 closed out, a net change of -8 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2017 was LPL Financial, an estimated $3.17M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2017 was Navellier & Associates, an estimated $16.6M sold.

Based on aggregated 13F filings for Q3 2017.