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First Trust Materials AlphaDEX Fund
FXZ

123 hedge funds and large institutions have $224M invested in First Trust Materials AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 51 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.15% less ownership

Funds ownership: 62.55% → 59.4% (-3.2%)

5% less funds holding

Funds holding: 130 → 123 (-7)

18% less capital invested

Capital invested by funds: $274M → $224M (-$49.7M)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

39% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 51

Holders
123
Holders Change
-7
Holders Change %
-5.38%
% of All Funds
1.78%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
31
Reduced
51
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$2.53M
2
UBS Group
UBS Group
Switzerland
+$2.18M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.61M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.23M
5
CPG
Cornerstone Planning Group
New Jersey
+$691K

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$5.5M
2
RJA
Raymond James & Associates
Florida
-$3.93M
3
Morgan Stanley
Morgan Stanley
New York
-$3.59M
4
BFEC
Benjamin F. Edwards & Company
Missouri
-$3.18M
5
Bank of America
Bank of America
North Carolina
-$1.97M
Name Holding Trade Value Shares
Change 		Change in
Stake
HIC
126
Hartline Investment Corp
Illinois
– -$492K -6,901 Closed
NA
127
Navellier & Associates
Nevada
– -$434K -6,084 Closed
SWP
128
Stratos Wealth Partners
Ohio
– -$415K -5,818 Closed
RFWA
129
RPg Family Wealth Advisory
Massachusetts
– -$371K -5,206 Closed
BRWA
130
B. Riley Wealth Advisors
Florida
– -$256K -4,061 Closed
RIA
131
Regal Investment Advisors
Michigan
– -$258K -3,620 Closed
BS
132
Banco Santander
Spain
– -$246K -3,450 Closed
AR
133
Apeiron RIA
Texas
– -$231K -3,233 Closed
MOS
134
MGO One Seven
Ohio
– -$214K -3,006 Closed
IPW
135
Impact Partnership Wealth
Georgia
– -$175K -2,451 Closed
EWA
136
EP Wealth Advisors
California
– -$115K -1,614 Closed
FFO
137
Fortitude Family Office
Arizona
– -$81.7K -1,145 Closed
FGAM
138
Financial Gravity Asset Management
Texas
– -$28.1K -400 Closed
RFA
139
Register Financial Advisors
Georgia
– -$16.2K -227 Closed
AWM
140
Abound Wealth Management
Tennessee
– -$8.51K -119 Closed
William Blair & Company
141
William Blair & Company
Illinois
– -$3.26K -46 Closed
2 3 4 5
6

FXZ Hedge Fund Activity: Q2 2024 in Review

123 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2024, worth a combined $224M — down 18% from $274M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FXZ and 13 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 31 added.

The largest buyer was Jane Street, opening a new position worth an estimated $2.53M. The largest seller was Wells Fargo, cutting an estimated $5.5M.

  • 123 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2024, down from 130 in Q1 2024.
  • Funds reported $224M of First Trust Materials AlphaDEX Fund stock for Q2 2024, down 18% quarter-over-quarter.
  • 13 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2024 and 18 closed out, a net change of -5 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q2 2024 was Jane Street, an estimated $2.53M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q2 2024 was Wells Fargo, an estimated $5.5M sold.

Based on aggregated 13F filings for Q2 2024.