First Trust Materials AlphaDEX Fund
FXZ
93 hedge funds and large institutions have $206M invested in First Trust Materials AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
12% more funds holding
Funds holding: 83 → 93 (+10)
4% less capital invested
Capital invested by funds: $215M → $206M (-$9.23M)
2.66% less ownership
Funds ownership: 58.64% → 55.98% (-2.7%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $228K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
+$14.9M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
+$6.64M |
| 3 |
VF
Virtu Financial
New York
|
+$4.1M |
| 4 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
+$3.66M |
| 5 |
CF
Copperwynd Financial
Scottsdale,
Arizona
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$7.47M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.86M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$6.32M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$5.66M |
FXZ Hedge Fund Activity: Q1 2018 in Review
93 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2018, worth a combined $206M — down 4.3% from $215M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXZ positions and 10 closed out — a net gain of 11 holders — while 33 added to existing stakes and 27 trimmed.
The largest buyer was Barber Financial Group, opening a new position worth an estimated $14.9M. The largest seller was Wells Fargo, cutting an estimated $12.2M.
- 93 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2018, up from 83 in Q4 2017.
- Funds reported $206M of First Trust Materials AlphaDEX Fund stock for Q1 2018, down 4.3% quarter-over-quarter.
- 21 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2018 and 10 closed out, a net change of +11 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2018 was Barber Financial Group, an estimated $14.9M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2018 was Wells Fargo, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2018.