First Trust Materials AlphaDEX Fund
FXZ
48 hedge funds and large institutions have $379M invested in First Trust Materials AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
51% more capital invested
Capital invested by funds: $251M → $379M (+$128M)
23% more funds holding
Funds holding: 39 → 48 (+9)
3.4% more ownership
Funds ownership: 71.9% → 75.3% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$107M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$9.27M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.45M |
| 4 |
Morgan Stanley
New York
|
+$5.23M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$61.9M |
| 2 |
JP Morgan Chase
New York
|
-$914K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$691K |
| 4 |
JG
Jefferies Group
New York
|
-$614K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$493K |
FXZ Hedge Fund Activity: Q4 2013 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2013, worth a combined $379M — up 51% from $251M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXZ positions and 4 closed out — a net gain of 10 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $107M. The largest seller was Navellier & Associates, cutting an estimated $61.9M.
- 48 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2013, up from 39 in Q3 2013.
- Funds reported $379M of First Trust Materials AlphaDEX Fund stock for Q4 2013, up 51% quarter-over-quarter.
- 14 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +10 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $107M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $61.9M sold.
Based on aggregated 13F filings for Q4 2013.