First Trust Materials AlphaDEX Fund
FXZ
103 hedge funds and large institutions have $138M invested in First Trust Materials AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 39 reducing their positions, and 20 closing their positions.
1.95% less ownership
Funds ownership: 62.09% → 60.14% (-1.9%)
13% less funds holding
Funds holding: 119 → 103 (-16)
15% less capital invested
Capital invested by funds: $161M → $138M (-$23.4M)
36% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 39
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$3.4M |
| 2 |
Two Sigma Investments
New York
|
+$1.84M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.72M |
| 4 |
GS
GTS Securities
New York
|
+$997K |
| 5 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.47M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.04M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.88M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.86M |
| 5 |
Jane Street
New York
|
-$2.63M |
FXZ Hedge Fund Activity: Q1 2025 in Review
103 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2025, worth a combined $138M — down 15% from $161M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXZ and 7 opened new positions — a net loss of 13 holders — while 39 trimmed existing stakes and 25 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $3.4M. The largest seller was Bank of America, cutting an estimated $6.47M.
- 103 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2025, down from 119 in Q4 2024.
- Funds reported $138M of First Trust Materials AlphaDEX Fund stock for Q1 2025, down 15% quarter-over-quarter.
- 7 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2025 and 20 closed out, a net change of -13 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $3.4M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2025 was Bank of America, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2025.