First Trust Materials AlphaDEX Fund
FXZ
42 hedge funds and large institutions have $126M invested in First Trust Materials AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 13 closing their positions.
17% more capital invested
Capital invested by funds: $108M → $126M (+$18.6M)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
10.32% more ownership
Funds ownership: 54.31% → 64.63% (+10%)
13% less funds holding
Funds holding: 48 → 42 (-6)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$31.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.46M |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$3.29M |
| 4 |
Jane Street
New York
|
+$2.68M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
-$7.48M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$6.32M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.97M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.29M |
| 5 |
VF
Virtu Financial
New York
|
-$2.3M |
FXZ Hedge Fund Activity: Q1 2015 in Review
42 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2015, worth a combined $126M — up 17% from $108M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXZ and 9 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $31.9M. The largest seller was BBVA USA Bancshares, exiting entirely with an estimated $7.48M sold.
- 42 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2015, down from 48 in Q4 2014.
- Funds reported $126M of First Trust Materials AlphaDEX Fund stock for Q1 2015, up 17% quarter-over-quarter.
- 9 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2015 and 13 closed out, a net change of -4 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2015 was Beaumont Financial Advisors, an estimated $31.9M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2015 was BBVA USA Bancshares, an estimated $7.48M sold.
Based on aggregated 13F filings for Q1 2015.