First Trust Materials AlphaDEX Fund
FXZ
102 hedge funds and large institutions have $343M invested in First Trust Materials AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 12 reducing their positions, and 8 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 12
288% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more capital invested
Capital invested by funds: $195M → $343M (+$147M)
28% more funds holding
Funds holding: 80 → 102 (+22)
1.98% less ownership
Funds ownership: 68.59% → 66.61% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$23.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15M |
| 3 |
Morgan Stanley
New York
|
+$14.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$9.96M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$9.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.36M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$1.18M |
| 3 |
LFF
Level Four Financial
Dallas,
Texas
|
-$774K |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$660K |
| 5 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$511K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FEG
101
Financial Enhancement Group
Anderson,
Indiana
| $1K | -$2.66K | -45 | -79% |
|
|
WIM
102
Westside Investment Management
Santa Monica,
California
| $5 | – | – | – |
|
|
IAA
103
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$1.36M | -24,714 | Closed |
|
|
LFF
104
Level Four Financial
Dallas,
Texas
| – | -$774K | -4,655 | Closed |
|
|
SFS
105
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$59K | -962 | Closed |
|
106
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$37K | -668 | Closed |
|
|
WAP
107
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$28K | -500 | Closed |
|
|
EVM
108
Eaton Vance Management
Boston,
Massachusetts
| – | -$6K | -111 | Closed |
|
|
MWA
109
Moser Wealth Advisors
Bellevue,
Washington
| – | -$2K | -33 | Closed |
|
|
LFG
110
Larson Financial Group
St Louis,
Missouri
| – | -$1K | -27 | Closed |
|
FXZ Hedge Fund Activity: Q2 2021 in Review
102 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2021, worth a combined $343M — up 75% from $195M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FXZ positions and 8 closed out — a net gain of 23 holders — while 48 added to existing stakes and 12 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $23.9M. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $1.36M sold.
- 102 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2021, up from 80 in Q1 2021.
- Funds reported $343M of First Trust Materials AlphaDEX Fund stock for Q2 2021, up 75% quarter-over-quarter.
- 31 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2021 and 8 closed out, a net change of +23 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2021 was Raymond James Financial Services Advisors, an estimated $23.9M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2021 was Independent Advisor Alliance, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2021.