First Trust Materials AlphaDEX Fund
FXZ
39 hedge funds and large institutions have $229M 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.
267% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 6
113% more capital invested
Capital invested by funds: $107M → $229M (+$121M)
23.15% more ownership
Funds ownership: 48.75% → 71.9% (+23%)
5% less funds holding
Funds holding: 41 → 39 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$53.8M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$26.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.62M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.72M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$830K |
| 2 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$531K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$501K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$432K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$249K |
FXZ Hedge Fund Activity: Q3 2013 in Review
39 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2013, worth a combined $229M — up 113% from $107M 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 $229M of First Trust Materials AlphaDEX Fund stock for Q3 2013, up 113% 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.