First Trust Materials AlphaDEX Fund
FXZ
80 hedge funds and large institutions have $202M invested in First Trust Materials AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 22 increasing their positions, 30 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 66 → 80 (+14)
3% less capital invested
Capital invested by funds: $208M → $202M (-$5.76M)
7.03% less ownership
Funds ownership: 63.65% → 56.62% (-7%)
27% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$4.16M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$3.32M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
+$2.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.98M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$7.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.71M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$3.88M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.48M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$3.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
76
Gradient Investments
Arden Hills,
Minnesota
| $6K | – | – | – |
|
|
RFM
77
Royal Fund Management
Lady Lake,
Florida
| $1K | – | – | – |
|
78
US Bancorp
Minneapolis,
Minnesota
| $1K | +$1.13K | +30 | New |
|
|
AP
79
Advisors Preferred
Rockville,
Maryland
| $109 | -$265K | -7,043 | -71% |
|
80
SG Americas Securities
New York
| – | -$2.32M | -64,789 | Closed |
|
81
CIBC World Market
Toronto,
Ontario, Canada
| – | -$668K | -18,648 | Closed |
|
|
CAN
82
Cetera Advisor Networks
El Segundo,
California
| – | -$485K | -13,541 | Closed |
|
|
IH
83
IFC Holdings
Tampa,
Florida
| – | -$208K | -5,806 | Closed |
|
|
NFG
84
Next Financial Group
Houston,
Texas
| – | -$95K | -2,648 | Closed |
|
|
BIG
85
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$14K | -402 | Closed |
|
|
CTC
86
Central Trust Company
Jefferson City,
Missouri
| – | -$7K | -200 | Closed |
|
FXZ Hedge Fund Activity: Q1 2017 in Review
80 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2017, worth a combined $202M — down 2.8% from $208M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FXZ positions and 7 closed out — a net gain of 15 holders — while 22 added to existing stakes and 30 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $4.16M. The largest seller was BB&T Securities, cutting an estimated $7.63M.
- 80 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2017, up from 66 in Q4 2016.
- Funds reported $202M of First Trust Materials AlphaDEX Fund stock for Q1 2017, down 2.8% quarter-over-quarter.
- 22 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2017 and 7 closed out, a net change of +15 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2017 was Navellier & Associates, an estimated $4.16M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2017 was BB&T Securities, an estimated $7.63M sold.
Based on aggregated 13F filings for Q1 2017.