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First Trust Materials AlphaDEX Fund

51 hedge funds and large institutions have $56.7M invested in First Trust Materials AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

13% more funds holding

Funds holding: 4551 (+6)

10% more capital invested

Capital invested by funds: $51.5M → $56.7M (+$5.22M)

2.03% less ownership

Funds ownership: 55.99%53.96% (-2%)

13% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 16

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
51
Holders Change
+6
Holders Change %
+13.33%
% of All Funds
1.03%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
10
Increased
14
Reduced
16
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$318K -$8.54K -229 -3%
Janney Montgomery Scott
27
Janney Montgomery Scott
Pennsylvania
$275K +$273K +7,334 New
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$206K -$11.4K -305 -5%
PAG
29
Private Advisor Group
New Jersey
$202K
SPIA
30
Steward Partners Investment Advisory
New York
$104K
Carson Wealth (CWM LLC)
31
Carson Wealth (CWM LLC)
Nebraska
$81K
IA
32
IFP Advisors
Florida
$79K
Fifth Third Bancorp
33
Fifth Third Bancorp
Ohio
$75K
PA
34
Parallel Advisors
California
$65K -$2.8K -75 -4%
NFG
35
Next Financial Group
Texas
$62K +$62K +1,662 New
BEI
36
Benjamin Edwards Inc
Missouri
$58K +$57.2K +1,533 New
APA
37
American Portfolios Advisors
New York
$52.2K +$6.04K +162 +13%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$44K +$186 +5 +0.4%
GWM
39
Geneos Wealth Management
Colorado
$38K -$6.53K -175 -14%
QCG
40
Quadrant Capital Group
Ohio
$21K +$37 +1 +0.2%
AF
41
Allworth Financial
California
$19K
S
42
SignatureFD
Georgia
$13K
SFS
43
Sowell Financial Services
Arkansas
$10K
HCP
44
Hexagon Capital Partners
Arkansas
$10K +$9.55K +256 New
ASN
45
Advisory Services Network
Georgia
$10K +$9.58K +257 New
Citigroup
46
Citigroup
New York
$8K -$39.2K -1,051 -84%
BFEC
47
Benjamin F. Edwards & Company
Missouri
$7K
LFG
48
LifePlan Financial Group
Ohio
$7K
CFGS
49
Concourse Financial Group Securities
Alabama
$5K
CAAS
50
Capital Asset Advisory Services
Michigan
$2K +$1.86K +50 New

FXZ Hedge Fund Activity: Q3 2020 in Review

51 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2020, worth a combined $56.7M — up 10% from $51.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FXZ positions and 3 closed out — a net gain of 7 holders — while 14 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.11M. The largest seller was Fulcrum Equity Management, cutting an estimated $2.18M.

  • 51 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2020, up from 45 in Q2 2020.
  • Funds reported $56.7M of First Trust Materials AlphaDEX Fund stock for Q3 2020, up 10% quarter-over-quarter.
  • 10 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2020 and 3 closed out, a net change of +7 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2020 was Morgan Stanley, an estimated $2.11M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2020 was Fulcrum Equity Management, an estimated $2.18M sold.

Based on aggregated 13F filings for Q3 2020.