First Trust Materials AlphaDEX Fund
FXZ
71 hedge funds and large institutions have $87.6M invested in First Trust Materials AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
64% more capital invested
Capital invested by funds: $53.3M → $87.6M (+$34.3M)
16% more funds holding
Funds holding: 61 → 71 (+10)
11.4% more ownership
Funds ownership: 44.01% → 55.41% (+11%)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$14.1M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$10.9M |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$2.1M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$1.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.84M |
| 2 |
Morgan Stanley
New York
|
-$1.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.19M |
| 4 |
Goldman Sachs
New York
|
-$854K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$782K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -23 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | +$347 | +9 | +900% |
|
FXZ Hedge Fund Activity: Q4 2019 in Review
71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2019, worth a combined $87.6M — up 64% from $53.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXZ positions and 6 closed out — a net gain of 11 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Fulcrum Equity Management, adding an estimated $14.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.84M sold.
- 71 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2019, up from 61 in Q3 2019.
- Funds reported $87.6M of First Trust Materials AlphaDEX Fund stock for Q4 2019, up 64% quarter-over-quarter.
- 17 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2019 and 6 closed out, a net change of +11 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2019 was Fulcrum Equity Management, an estimated $14.1M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2019 was Citadel Advisors, an estimated $1.84M sold.
Based on aggregated 13F filings for Q4 2019.