First Trust Materials AlphaDEX Fund
FXZ
143 hedge funds and large institutions have $318M invested in First Trust Materials AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 73 reducing their positions, and 19 closing their positions.
1.1% more ownership
Funds ownership: 66.24% → 67.34% (+1.1%)
1% less funds holding
Funds holding: 144 → 143 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
5% less capital invested
Capital invested by funds: $335M → $318M (-$17.1M)
66% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.13M |
| 3 |
GS
GTS Securities
New York
|
+$1.73M |
| 4 |
Two Sigma Investments
New York
|
+$953K |
| 5 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$653K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.9M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$8.39M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$6.5M |
| 4 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$6.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.66M |
FXZ Hedge Fund Activity: Q4 2023 in Review
143 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2023, worth a combined $318M — down 5.1% from $335M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FXZ and 18 opened new positions — a net loss of 1 holder — while 73 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $24.8M. The largest seller was Bank of America, cutting an estimated $10.9M.
- 143 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2023, down from 144 in Q3 2023.
- Funds reported $318M of First Trust Materials AlphaDEX Fund stock for Q4 2023, down 5.1% quarter-over-quarter.
- 18 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2023 and 19 closed out, a net change of -1 holder.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $24.8M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2023 was Bank of America, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2023.