First Trust Materials AlphaDEX Fund
FXZ
78 hedge funds and large institutions have $181M invested in First Trust Materials AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 38 reducing their positions, and 10 closing their positions.
5.1% more ownership
Funds ownership: 56.62% → 61.72% (+5.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 80 → 78 (-2)
10% less capital invested
Capital invested by funds: $202M → $181M (-$21.2M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
42% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$5.91M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$5.71M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
+$4.78M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.06M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$10.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.96M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.82M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
IWM
77
IHT Wealth Management
Chicago,
Illinois
| $749 | +$614K | +16,172 | +155% |
|
|
HFS
78
HL Financial Services
Louisville,
Kentucky
| – | -$1.82M | -48,000 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.69M | -44,483 | Closed |
|
|
BCM
80
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.37M | -36,100 | Closed |
|
|
IAA
81
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$770K | -20,530 | Closed |
|
|
NPC
82
National Planning Corporation
El Segundo,
California
| – | -$538K | -14,227 | Closed |
|
|
CWM
83
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$523K | -14,012 | Closed |
|
|
AP
84
Advisors Preferred
Rockville,
Maryland
| – | -$109 | -2,887 | Closed |
|
|
IPC
85
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$19K | -505 | Closed |
|
86
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$19K | -500 | Closed |
|
|
GI
87
Gradient Investments
Arden Hills,
Minnesota
| – | -$6K | -152 | Closed |
|
FXZ Hedge Fund Activity: Q2 2017 in Review
78 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2017, worth a combined $181M — down 10% from $202M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXZ and 8 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 22 added.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $5.91M. The largest seller was Morgan Stanley, cutting an estimated $12M.
- 78 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2017, down from 80 in Q1 2017.
- Funds reported $181M of First Trust Materials AlphaDEX Fund stock for Q2 2017, down 10% quarter-over-quarter.
- 8 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2017 and 10 closed out, a net change of -2 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2017 was Cetera Advisor Networks, an estimated $5.91M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2017 was Morgan Stanley, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2017.