First Trust Materials AlphaDEX Fund
FXZ
40 hedge funds and large institutions have $47.1M invested in First Trust Materials AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 20 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
8% more funds holding
Funds holding: 37 → 40 (+3)
3.29% more ownership
Funds ownership: 50.24% → 53.53% (+3.3%)
13% less capital invested
Capital invested by funds: $54.4M → $47.1M (-$7.31M)
80% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.87M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.88M |
| 3 |
RPG
Risk Paradigm Group
Austin,
Texas
|
+$1.37M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.15M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.97M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.13M |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$2.08M |
FXZ Hedge Fund Activity: Q1 2016 in Review
40 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2016, worth a combined $47.1M — down 13% from $54.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXZ positions and 8 closed out — a net gain of 3 holders — while 4 added to existing stakes and 20 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.87M. The largest seller was Bank of America, cutting an estimated $5.97M.
- 40 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2016, up from 37 in Q4 2015.
- Funds reported $47.1M of First Trust Materials AlphaDEX Fund stock for Q1 2016, down 13% quarter-over-quarter.
- 11 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2016 and 8 closed out, a net change of +3 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2016 was Goldman Sachs, an estimated $5.87M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2016 was Bank of America, an estimated $5.97M sold.
Based on aggregated 13F filings for Q1 2016.