First Trust Materials AlphaDEX Fund
FXZ
39 hedge funds and large institutions have $62.1M invested in First Trust Materials AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 21 reducing their positions, and 10 closing their positions.
4.57% more ownership
Funds ownership: 49.12% → 53.68% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 41 → 39 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
35% less capital invested
Capital invested by funds: $96.2M → $62.1M (-$34.1M)
71% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$5.55M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$2.22M |
| 3 |
Goldman Sachs
New York
|
+$1.42M |
| 4 |
SG Americas Securities
New York
|
+$529K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.83M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.65M |
| 4 |
Jane Street
New York
|
-$2.34M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.19M |
FXZ Hedge Fund Activity: Q3 2015 in Review
39 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2015, worth a combined $62.1M — down 35% from $96.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXZ and 8 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 6 added.
The largest buyer was Astor Investment Management, opening a new position worth an estimated $5.55M. The largest seller was Morgan Stanley, cutting an estimated $10.8M.
- 39 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2015, down from 41 in Q2 2015.
- Funds reported $62.1M of First Trust Materials AlphaDEX Fund stock for Q3 2015, down 35% quarter-over-quarter.
- 8 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2015 and 10 closed out, a net change of -2 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q3 2015 was Astor Investment Management, an estimated $5.55M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q3 2015 was Morgan Stanley, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2015.