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First Trust Materials AlphaDEX Fund

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.

New
Increased
Maintained
Reduced
Closed

3.44% less ownership

Funds ownership: 53.68%50.24% (-3.4%)

5% less funds holding

Funds holding: 3937 (-2)

12% less capital invested

Capital invested by funds: $62.1M → $54.4M (-$7.68M)

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

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
37
Holders Change
-2
Holders Change %
-5.13%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
13
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$10.9M -$332K -11,470 -3%
Bank of America
2
Bank of America
North Carolina
$9.67M +$5.3M +182,839 +113%
Wells Fargo
3
Wells Fargo
California
$7.41M -$11M -381,266 -59%
SAM
4
SignalPoint Asset Management
Missouri
$3.32M -$2.94M -101,474 -46%
UBS Group
5
UBS Group
Switzerland
$3.08M -$304K -10,506 -9%
CS
6
Credit Suisse
Switzerland
$2.73M +$1.41M +48,818 +101%
Citadel Advisors
7
Citadel Advisors
Florida
$2.67M +$2.36M +81,551 +602%
VF
8
Virtu Financial
New York
$1.94M +$2M +68,947 New
Goldman Sachs
9
Goldman Sachs
New York
$1.57M +$25.1K +867 +2%
LPL Financial
10
LPL Financial
California
$1.4M +$478K +16,485 +49%
VKH
11
Virtu KCG Holdings
New York
$1.31M +$442K +15,259 +48%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.29M -$905K -31,247 -40%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$885K -$551K -19,027 -38%
RJA
14
Raymond James & Associates
Florida
$768K +$34.5K +1,190 +5%
BFEC
15
Benjamin F. Edwards & Company
Missouri
$761K +$779K +26,901 +14,463%
CCS
16
Crosspoint Capital Strategies
California
$661K +$607K +20,955 New
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$472K +$207K +7,135 +74%
Stifel Financial
18
Stifel Financial
Missouri
$466K -$716K -24,733 -60%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$441K +$454K +15,680 New
RIA
20
Regal Investment Advisors
Michigan
$413K -$29.8K -1,030 -7%
Jane Street
21
Jane Street
New York
$401K +$413K +14,271 New
TRCT
22
Tower Research Capital (TRC)
New York
$397K +$40.5K +1,397 +11%
FIM
23
Freedom Investment Management
Connecticut
$345K +$19.6K +675 +6%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$271K -$18.4K -636 -6%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$202K -$16.1K -555 -7%

FXZ Hedge Fund Activity: Q4 2015 in Review

37 of the 3,812 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.