First Trust Materials AlphaDEX Fund
FXZ
37 hedge funds and large institutions have $54.4M invested in First Trust Materials AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 8 closing their positions.
5% less funds holding
Funds holding: 39 → 37 (-2)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
41% less capital inflows, than outflows
Capital inflows: $14.7M | Capital outflows: $24.9M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.36M |
| 3 |
Virtu Financial
New York
|
+$2M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
+$1.41M |
| 5 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11M |
| 2 |
Astor Investment Management
Chicago,
Illinois
|
-$5.01M |
| 3 |
SignalPoint Asset Management
Springfield,
Missouri
|
-$2.94M |
| 4 |
Aviance Capital Management
Sarasota,
Florida
|
-$2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$905K |
FXZ Hedge Fund Activity: Q4 2015 in Review
37 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2015, worth a combined $54.4M — down 12% from $62.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXZ and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $5.3M. The largest seller was Wells Fargo, cutting an estimated $11M.
- 37 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2015, down from 39 in Q3 2015.
- Funds reported $54.4M of First Trust Materials AlphaDEX Fund stock for Q4 2015, down 12% quarter-over-quarter.
- 6 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2015 and 8 closed out, a net change of -2 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2015 was Bank of America, an estimated $5.3M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2015 was Wells Fargo, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2015.