First Trust Materials AlphaDEX Fund
FXZ
59 hedge funds and large institutions have $69M invested in First Trust Materials AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
10.12% more ownership
Funds ownership: 45.09% → 55.21% (+10%)
6% more capital invested
Capital invested by funds: $65.2M → $69M (+$3.76M)
2% less funds holding
Funds holding: 60 → 59 (-1)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$18.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$484K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$377K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$351K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAS
Winch Advisory Services
Appleton,
Wisconsin
|
-$3.91M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$3.89M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.19M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.17M |
FXZ Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2019, worth a combined $69M — up 5.8% from $65.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXZ positions and 12 closed out — a net gain of 2 holders — while 16 added to existing stakes and 22 trimmed.
The largest buyer was Fulcrum Equity Management, opening a new position worth an estimated $18.4M. The largest seller was Winch Advisory Services, exiting entirely with an estimated $3.91M sold.
- 59 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $69M of First Trust Materials AlphaDEX Fund stock for Q2 2019, up 5.8% quarter-over-quarter.
- 14 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2019 and 12 closed out, a net change of +2 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2019 was Fulcrum Equity Management, an estimated $18.4M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2019 was Winch Advisory Services, an estimated $3.91M sold.
Based on aggregated 13F filings for Q2 2019.