First Trust Materials AlphaDEX Fund
FXZ
41 hedge funds and large institutions have $96.2M invested in First Trust Materials AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 42 → 41 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
15.52% less ownership
Funds ownership: 64.63% → 49.12% (-16%)
23% less capital invested
Capital invested by funds: $124M → $96.2M (-$28.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.33M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.67M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.53M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$32.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.22M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$4.65M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.14M |
| 5 |
Jane Street
New York
|
-$1.12M |
FXZ Hedge Fund Activity: Q2 2015 in Review
41 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2015, worth a combined $96.2M — down 23% from $124M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FXZ and 8 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $6.33M. The largest seller was Beaumont Financial Advisors, exiting entirely with an estimated $32.3M sold.
- 41 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2015, down from 42 in Q1 2015.
- Funds reported $96.2M of First Trust Materials AlphaDEX Fund stock for Q2 2015, down 23% quarter-over-quarter.
- 8 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2015 and 9 closed out, a net change of -1 holder.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2015 was Morgan Stanley, an estimated $6.33M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2015 was Beaumont Financial Advisors, an estimated $32.3M sold.
Based on aggregated 13F filings for Q2 2015.