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First Trust Materials AlphaDEX Fund

185 hedge funds and large institutions have $1.44B invested in First Trust Materials AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 60 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 13

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

25% more capital invested

Capital invested by funds: $1.15B → $1.44B (+$284M)

20% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 60

10% more funds holding

Funds holding: 168185 (+17)

0.96% more ownership

Funds ownership: 82.91%83.87% (+0.96%)

Holders
185
Holders Change
+17
Holders Change %
+10.12%
% of All Funds
2.95%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
35
Increased
72
Reduced
60
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPWM
101
Schrum Private Wealth Management
Florida
$505K
CFD
102
Creative Financial Designs
Indiana
$501K -$56.1K -837 -10%
GWM
103
Geneos Wealth Management
Colorado
$490K -$327K -4,878 -39%
BCA
104
Bay Colony Advisors
Massachusetts
$487K +$88.9K +1,328 +21%
CF
105
Centaurus Financial
California
$484K +$142K +2,125 +40%
SWM
106
Spire Wealth Management
Virginia
$478K +$40.9K +611 +9%
PNC Financial Services Group
107
PNC Financial Services Group
Pennsylvania
$470K +$33.6K +502 +7%
WP
108
WealthSource Partners
California
$469K -$325K -4,850 -40%
FFA
109
Farther Finance Advisors
California
$457K -$153K -2,288 -25%
SWP
110
Stratos Wealth Partners
Ohio
$447K +$61.8K +922 +16%
YWS
111
Yarger Wealth Strategies
Ohio
$443K -$174K -2,603 -28%
RIA
112
Regal Investment Advisors
Michigan
$436K -$19.4K -289 -4%
APW
113
Aurora Private Wealth
New Jersey
$424K -$53K -792 -11%
LNC
114
Lincoln National Corp
Pennsylvania
$415K +$204K +3,042 +92%
SPIA
115
Steward Partners Investment Advisory
New York
$407K -$67.8K -1,013 -14%
KP
116
Keel Point
Alabama
$393K +$403K +6,022 New
RIA
117
Realta Investment Advisors
Delaware
$391K -$871 -13 -0.2%
AWA
118
Arkadios Wealth Advisors
Georgia
$387K +$13.5K +201 +4%
AR
119
Apeiron RIA
Texas
$356K +$365K +5,450 New
WA
120
Wambolt & Associates
Colorado
$354K +$361K +5,394 New
BS
121
Banco Santander
Spain
$343K -$88.4K -1,320 -20%
ACMA
122
Arbor Capital Management (Alaska)
Alaska
$342K -$29.4K -439 -4%
CWA
123
Clarus Wealth Advisors
Arizona
$337K -$10.4K -155 -3%
PFS
124
Prospera Financial Services
Texas
$337K -$30.3K -453 -8%
CWM
125
Cornerstone Wealth Management
Missouri
$332K +$340K +5,079 New

FXZ Hedge Fund Activity: Q1 2023 in Review

185 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2023, worth a combined $1.44B — up 25% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FXZ positions and 13 closed out — a net gain of 22 holders — while 72 added to existing stakes and 60 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $72.7M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $4.2M sold.

  • 185 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2023, up from 168 in Q4 2022.
  • Funds reported $1.44B of First Trust Materials AlphaDEX Fund stock for Q1 2023, up 25% quarter-over-quarter.
  • 35 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2023 and 13 closed out, a net change of +22 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q1 2023 was First Trust Advisors, an estimated $72.7M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q1 2023 was Financial Enhancement Group, an estimated $4.2M sold.

Based on aggregated 13F filings for Q1 2023.