First Trust Materials AlphaDEX Fund
FXZ
119 hedge funds and large institutions have $161M invested in First Trust Materials AlphaDEX Fund in 2024 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 44 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
2.38% more ownership
Funds ownership: 59.71% → 62.09% (+2.4%)
1% more funds holding
Funds holding: 118 → 119 (+1)
22% less capital invested
Capital invested by funds: $206M → $161M (-$44.5M)
27% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.6M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$2.21M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.91M |
| 4 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$1.3M |
| 5 |
Goldman Sachs
New York
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWA
FOCUS Wealth Advisors
Houston,
Texas
|
-$3.88M |
| 2 |
Morgan Stanley
New York
|
-$2.25M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.04M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EH
126
Equitable Holdings
New York
| – | -$330K | -4,918 | Closed |
|
|
SPC
127
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$239K | -3,571 | Closed |
|
|
AFG
128
Arkansas Financial Group
Little Rock,
Arkansas
| – | -$233K | -3,476 | Closed |
|
|
AAS
129
Avantax Advisory Services
Dallas,
Texas
| – | -$229K | -3,420 | Closed |
|
|
PBF
130
Petix & Botte Financial
La Mesa,
California
| – | -$229K | -3,418 | Closed |
|
131
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$213K | -3,172 | Closed |
|
|
EAM
132
Empirical Asset Management
Wellesley,
Massachusetts
| – | -$205K | -3,060 | Closed |
|
|
AWA
133
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$200K | -2,987 | Closed |
|
|
GJWM
134
Gilliland Jeter Wealth Management
Little Rock,
Arkansas
| – | -$35.5K | -530 | Closed |
|
|
SAM
135
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$13.5K | -200 | Closed |
|
|
RIA
136
Realta Investment Advisors
Wilmington,
Delaware
| – | -$5.7K | -85 | Closed |
|
FXZ Hedge Fund Activity: Q4 2024 in Review
119 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2024, worth a combined $161M — down 22% from $206M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXZ positions and 17 closed out — a net gain of 4 holders — while 32 added to existing stakes and 44 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $3.6M. The largest seller was FOCUS Wealth Advisors, exiting entirely with an estimated $3.88M sold.
- 119 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2024, up from 118 in Q3 2024.
- Funds reported $161M of First Trust Materials AlphaDEX Fund stock for Q4 2024, down 22% quarter-over-quarter.
- 21 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2024 and 17 closed out, a net change of +4 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2024 was Commonwealth Equity Services, an estimated $3.6M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2024 was FOCUS Wealth Advisors, an estimated $3.88M sold.
Based on aggregated 13F filings for Q4 2024.