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First Trust Materials AlphaDEX Fund

39 hedge funds and large institutions have $251M invested in First Trust Materials AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 6 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 6

137% more capital invested

Capital invested by funds: $106M → $251M (+$145M)

23.15% more ownership

Funds ownership: 48.75%71.9% (+23%)

5% less funds holding

Funds holding: 4139 (-2)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
39
Holders Change
-2
Holders Change %
-4.88%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
22
Reduced
6
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NA
1
Navellier & Associates
Nevada
$58.9M +$53.8M +1,908,202 +1,588%
Wells Fargo
2
Wells Fargo
California
$33.8M +$7.62M +270,258 +30%
Morgan Stanley
3
Morgan Stanley
New York
$27.9M +$2.1M +74,292 +8%
FSIM
4
F-Squared Investment Management
Massachusetts
$27.2M +$26.5M +937,874 New
BTS
5
BB&T Securities
Virginia
$24.8M +$728K +25,797 +43%
PPA
6
Parametric Portfolio Associates
Washington
$18.7M +$6.72M +238,362 +59%
BFA
7
Beaumont Financial Advisors
Massachusetts
$9.38M +$2.72M +96,272 +42%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$8.05M +$2.73M +96,731 +54%
U
9
UBS
Switzerland
$7.37M +$582K +20,630 +9%
Bank of America
10
Bank of America
North Carolina
$4.77M +$923K +32,717 +25%
PI
11
Placemark Investments
Illinois
$4.75M +$1.61M +57,031 +53%
SNC
12
Stifel Nicolaus & Co
Missouri
$3.53M -$136K -4,805 -4%
HighTower Advisors
13
HighTower Advisors
Illinois
$3.01M +$350K +12,419 +14%
FA
14
FDx Advisors
Illinois
$2.77M +$807K +28,632 +43%
RJA
15
Raymond James & Associates
Florida
$2.38M +$225K +7,973 +11%
SAM
16
SignalPoint Asset Management
Missouri
$1.94M -$531K -18,833 -22%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$1.65M +$1.6M +56,816 New
WF
18
WealthTrust Fairport
Ohio
$1.54M +$131K +4,633 +10%
JP Morgan Chase
19
JP Morgan Chase
New York
$1.32M +$138K +4,904 +12%
CS
20
Credit Suisse
Switzerland
$1.21M +$854K +30,291 +270%
PFS
21
Prospera Financial Services
Texas
$1.02M +$4.54K +161 +0.5%
LPL Financial
22
LPL Financial
California
$991K -$62.5K -2,215 -6%
Deutsche Bank
23
Deutsche Bank
Germany
$744K +$383K +13,593 +112%
VFS
24
VSR Financial Services
Kansas
$688K +$669K +23,705 New
JG
25
Jefferies Group
New York
$614K +$596K +21,135 New

FXZ Hedge Fund Activity: Q3 2013 in Review

39 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2013, worth a combined $251M — up 137% from $106M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FXZ and 6 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 22 added.

The largest buyer was Navellier & Associates, adding an estimated $53.8M. The largest seller was DRW Securities, exiting entirely with an estimated $830K sold.

  • 39 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2013, down from 41 in Q2 2013.
  • Funds reported $251M of First Trust Materials AlphaDEX Fund stock for Q3 2013, up 137% quarter-over-quarter.
  • 6 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2013 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $53.8M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2013 was DRW Securities, an estimated $830K sold.

Based on aggregated 13F filings for Q3 2013.