First Trust Materials AlphaDEX Fund
FXZ
80 hedge funds and large institutions have $195M invested in First Trust Materials AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 11 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
58% more capital invested
Capital invested by funds: $124M → $195M (+$71.7M)
14% more funds holding
Funds holding: 70 → 80 (+10)
0.91% more ownership
Funds ownership: 67.68% → 68.59% (+0.91%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.5M |
| 2 |
Morgan Stanley
New York
|
+$12.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.09M |
| 4 |
LPL Financial
San Diego,
California
|
+$5.3M |
| 5 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
-$6.78M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$6.42M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$6.34M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.96M |
| 5 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$1.61M |
FXZ Hedge Fund Activity: Q1 2021 in Review
80 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2021, worth a combined $195M — up 58% from $124M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FXZ positions and 11 closed out — a net gain of 12 holders — while 32 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.5M. The largest seller was IronBridge Private Wealth, cutting an estimated $6.78M.
- 80 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2021, up from 70 in Q4 2020.
- Funds reported $195M of First Trust Materials AlphaDEX Fund stock for Q1 2021, up 58% quarter-over-quarter.
- 23 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2021 and 11 closed out, a net change of +12 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2021 was Wells Fargo, an estimated $13.5M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2021 was IronBridge Private Wealth, an estimated $6.78M sold.
Based on aggregated 13F filings for Q1 2021.