First Trust Materials AlphaDEX Fund
FXZ
71 hedge funds and large institutions have $546M invested in First Trust Materials AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
18% more funds holding
Funds holding: 60 → 71 (+11)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12.19% less ownership
Funds ownership: 83.33% → 71.13% (-12%)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
22% less capital invested
Capital invested by funds: $698M → $546M (-$152M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.54M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.56M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.11M |
| 4 |
Jane Street
New York
|
+$2.12M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$84.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$47.3M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$14.9M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$8.63M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$4.62M |
FXZ Hedge Fund Activity: Q2 2014 in Review
71 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2014, worth a combined $546M — down 22% from $698M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FXZ positions and 4 closed out — a net gain of 11 holders — while 24 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.54M. The largest seller was F-Squared Investment Management, cutting an estimated $84.4M.
- 71 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2014, up from 60 in Q1 2014.
- Funds reported $546M of First Trust Materials AlphaDEX Fund stock for Q2 2014, down 22% quarter-over-quarter.
- 15 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2014 and 4 closed out, a net change of +11 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2014 was Morgan Stanley, an estimated $6.54M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $84.4M sold.
Based on aggregated 13F filings for Q2 2014.