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First Trust Materials AlphaDEX Fund

144 hedge funds and large institutions have $335M invested in First Trust Materials AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 75 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.4% less ownership

Funds ownership: 67.64%66.24% (-1.4%)

4% less funds holding

Funds holding: 150144 (-6)

17% less capital invested

Capital invested by funds: $403M → $335M (-$68.7M)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

60% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 75

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
144
Holders Change
-6
Holders Change %
-4%
% of All Funds
2.29%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
30
Reduced
75
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
101
Secure Asset Management
Michigan
$227K -$199K -3,053 -46%
PSF
102
Pacific Sun Financial
California
$213K
IPW
103
Impact Partnership Wealth
Georgia
$213K +$220K +3,372 New
EAM
104
Empirical Asset Management
Massachusetts
$205K -$20.9K -321 -9%
SPC
105
Sigma Planning Corp
Michigan
$201K -$1.76K -27 -0.8%
PA
106
Parallel Advisors
California
$177K +$130 +2 +0.1%
FWP
107
FAS Wealth Partners
Kansas
$127K
Fifth Third Bancorp
108
Fifth Third Bancorp
Ohio
$126K
Comerica Bank
109
Comerica Bank
Texas
$125K +$130K +1,989 New
NC
110
NewSquare Capital
Pennsylvania
$117K -$162K -2,485 -57%
Qube Research & Technologies (QRT)
111
Qube Research & Technologies (QRT)
United Kingdom
$101K -$261K -4,000 -71%
Northwestern Mutual Wealth Management
112
Northwestern Mutual Wealth Management
Wisconsin
$97.8K +$3.58K +55 +4%
Carson Wealth (CWM LLC)
113
Carson Wealth (CWM LLC)
Nebraska
$92K -$6.31M -96,916 -99%
HGERS
114
Householder Group Estate & Retirement Specialist
Arizona
$91.5K +$94.5K +1,450 New
PTC
115
Private Trust Company
Ohio
$49.2K -$3.58K -55 -7%
AAG
116
Armstrong Advisory Group
Massachusetts
$35.5K
PSB
117
Piscataqua Savings Bank
New Hampshire
$24.6K
FHA
118
First Horizon Advisors
Tennessee
$23.8K
BlackRock
119
BlackRock
New York
$21.4K
S
120
SignatureFD
Georgia
$21.4K
BAAM
121
Baker Avenue Asset Management
California
$20.2K
WWMSC
122
Wagner Wealth Management (South Carolina)
South Carolina
$19.4K +$130 +2 +0.7%
TFA
123
Transamerica Financial Advisors
Florida
$19K -$6.45K -99 -25%
CAS
124
Coppell Advisory Solutions
Texas
$16.1K -$4.6M -70,544 -100%
RFA
125
Register Financial Advisors
Georgia
$14.3K

FXZ Hedge Fund Activity: Q3 2023 in Review

144 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2023, worth a combined $335M — down 17% from $403M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FXZ and 13 opened new positions — a net loss of 5 holders — while 75 trimmed existing stakes and 30 added.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $9.73M. The largest seller was JP Morgan Chase, cutting an estimated $13M.

  • 144 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2023, down from 150 in Q2 2023.
  • Funds reported $335M of First Trust Materials AlphaDEX Fund stock for Q3 2023, down 17% quarter-over-quarter.
  • 13 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2023 and 18 closed out, a net change of -5 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2023 was International Assets Investment Management, an estimated $9.73M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2023 was JP Morgan Chase, an estimated $13M sold.

Based on aggregated 13F filings for Q3 2023.