First Trust Materials AlphaDEX Fund
FXZ
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.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
13% more funds holding
Funds holding: 45 → 51 (+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: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.11M |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$1.45M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$752K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$636K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$2.18M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$1.72M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.01M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$830K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$515K |
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.