First Trust Materials AlphaDEX Fund
FXZ
154 hedge funds and large institutions have $1.02B invested in First Trust Materials AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 44 increasing their positions, 79 reducing their positions, and 33 closing their positions.
0.44% more ownership
Funds ownership: 81.62% → 82.07% (+0.44%)
14% less funds holding
Funds holding: 180 → 154 (-26)
19% less capital invested
Capital invested by funds: $1.26B → $1.02B (-$237M)
44% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 79
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
73% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.6M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$7.93M |
| 3 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$2.48M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$2.33M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.2M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$17.1M |
| 3 |
Morgan Stanley
New York
|
-$17M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WWM
176
Western Wealth Management
Golden,
Colorado
| – | -$226K | -4,028 | Closed |
|
177
Bessemer Group
Woodbridge,
New Jersey
| – | -$220K | -3,900 | Closed |
|
|
FAM
178
Flaharty Asset Management
Clearwater,
Florida
| – | -$218K | -3,860 | Closed |
|
|
OIA
179
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$202K | -3,572 | Closed |
|
|
FEG
180
Financial Enhancement Group
Anderson,
Indiana
| – | -$199K | -3,377 | -100% |
|
|
FWP
181
FAS Wealth Partners
Leawood,
Kansas
| – | -$114K | -2,010 | Closed |
|
|
PB
182
Pinnacle Bancorp
Beatrice,
Nebraska
| – | -$93K | -1,640 | Closed |
|
|
HFS
183
Heritage Financial Services
Westwood,
Massachusetts
| – | -$66K | -1,172 | Closed |
|
|
SWM
184
SeaCrest Wealth Management
Purchase,
New York
| – | -$45K | -791 | Closed |
|
|
TAM
185
Tucker Asset Management
Littleton,
Colorado
| – | -$12.7K | -224 | Closed |
|
186
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$2K | -27 | Closed |
|
FXZ Hedge Fund Activity: Q3 2022 in Review
154 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2022, worth a combined $1.02B — down 19% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FXZ and 9 opened new positions — a net loss of 24 holders — while 79 trimmed existing stakes and 44 added.
The largest buyer was First Trust Advisors, adding an estimated $24.6M. The largest seller was Wells Fargo, cutting an estimated $19.2M.
- 154 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2022, down from 180 in Q2 2022.
- Funds reported $1.02B of First Trust Materials AlphaDEX Fund stock for Q3 2022, down 19% quarter-over-quarter.
- 9 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2022 and 33 closed out, a net change of -24 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q3 2022 was First Trust Advisors, an estimated $24.6M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q3 2022 was Wells Fargo, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2022.