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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
80
Holders Change
+10
Holders Change %
+14.29%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
23
Increased
32
Reduced
15
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$13.5M
2
Morgan Stanley
Morgan Stanley
New York
+$12.8M
3
Bank of America
Bank of America
North Carolina
+$7.09M
4
LPL Financial
LPL Financial
California
+$5.3M
5
FMP
Financial Management Professionals
Texas
+$5.12M

Top Sellers

Rank Fund Capital Flow
1
IPW
IronBridge Private Wealth
Texas
-$6.78M
2
NA
Navellier & Associates
Nevada
-$6.42M
3
FEM
Fulcrum Equity Management
Texas
-$6.34M
4
SWP
Stratos Wealth Partners
Ohio
-$2.96M
5
SMF
Sterling Manor Financial
New York
-$1.61M
Name Holding Trade Value Shares
Change 		Change in
Stake
FEG
76
Financial Enhancement Group
Indiana
$3K -$346K -6,651 -99%
CAAS
77
Capital Asset Advisory Services
Michigan
$3K – – –
MWA
78
Moser Wealth Advisors
Washington
$2K +$1.72K +33 New
LFG
79
Larson Financial Group
Missouri
$1K +$1.41K +27 New
WIM
80
Westside Investment Management
California
$5 – – –
NA
81
Navellier & Associates
Nevada
– -$6.42M -133,596 Closed
SWP
82
Stratos Wealth Partners
Ohio
– -$2.96M -61,460 Closed
MA
83
Mutual Advisors
Nebraska
– -$665K -13,827 Closed
FI
84
FormulaFolio Investments
Michigan
– -$249K -5,185 Closed
KAS
85
Kestra Advisory Services
Texas
– -$243K -5,054 Closed
SS
86
Simplicity Solutions
Minnesota
– -$222K -4,609 Closed
PAG
87
Private Advisor Group
New Jersey
– -$215K -4,467 Closed
AP
88
Advisors Preferred
Maryland
– -$83K -1,753 Closed
FFG
89
Fortem Financial Group
California
– -$17K -350 Closed
TAM
90
Tucker Asset Management
Colorado
– -$13.7K -285 Closed
ASN
91
Advisory Services Network
Georgia
– -$12K -257 Closed
1 2 3
4

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.