First Trust Materials AlphaDEX Fund
FXZ
114 hedge funds and large institutions have $244M invested in First Trust Materials AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 5 closing their positions.
520% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 5
87% more capital invested
Capital invested by funds: $130M → $244M (+$114M)
25% more funds holding
Funds holding: 91 → 114 (+23)
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
8.72% more ownership
Funds ownership: 61.52% → 70.23% (+8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$21.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.57M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.14M |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$6.92M |
| 5 |
WWA
WCG Wealth Advisors
Las Vegas,
Nevada
|
+$6.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SF
Summit Financial
Parsippany,
New Jersey
|
-$4.04M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$2.45M |
| 3 |
Goldman Sachs
New York
|
-$986K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$681K |
| 5 |
GS
GTS Securities
New York
|
-$540K |
FXZ Hedge Fund Activity: Q1 2026 in Review
114 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2026, worth a combined $244M — up 87% from $130M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FXZ positions and 5 closed out — a net gain of 26 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Bank of America, adding an estimated $21.1M. The largest seller was Summit Financial, cutting an estimated $4.04M.
- 114 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2026, up from 91 in Q4 2025.
- Funds reported $244M of First Trust Materials AlphaDEX Fund stock for Q1 2026, up 87% quarter-over-quarter.
- 31 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2026 and 5 closed out, a net change of +26 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2026 was Bank of America, an estimated $21.1M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2026 was Summit Financial, an estimated $4.04M sold.
Based on aggregated 13F filings for Q1 2026.