First Trust Materials AlphaDEX Fund
FXZ
93 hedge funds and large institutions have $127M invested in First Trust Materials AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 45 reducing their positions, and 13 closing their positions.
0.79% less ownership
Funds ownership: 60.14% → 59.36% (-0.79%)
8% less capital invested
Capital invested by funds: $138M → $127M (-$10.6M)
10% less funds holding
Funds holding: 103 → 93 (-10)
49% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 45
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$1.3M |
| 2 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$1.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.13M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$299K |
| 5 |
HAS
HBW Advisory Services
Simi Valley,
California
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.36M |
| 2 |
Two Sigma Investments
New York
|
-$2.28M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.31M |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$1.3M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.21M |
FXZ Hedge Fund Activity: Q2 2025 in Review
93 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2025, worth a combined $127M — down 7.7% from $138M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXZ and 4 opened new positions — a net loss of 9 holders — while 45 trimmed existing stakes and 23 added.
The largest buyer was PGIM Custom Harvest, adding an estimated $1.3M. The largest seller was Royal Bank of Canada, cutting an estimated $2.36M.
- 93 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2025, down from 103 in Q1 2025.
- Funds reported $127M of First Trust Materials AlphaDEX Fund stock for Q2 2025, down 7.7% quarter-over-quarter.
- 4 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2025 and 13 closed out, a net change of -9 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2025 was PGIM Custom Harvest, an estimated $1.3M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2025 was Royal Bank of Canada, an estimated $2.36M sold.
Based on aggregated 13F filings for Q2 2025.