First Trust Materials AlphaDEX Fund
FXZ
64 hedge funds and large institutions have $221M invested in First Trust Materials AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
86% more capital invested
Capital invested by funds: $119M → $221M (+$102M)
19% more funds holding
Funds holding: 54 → 64 (+10)
7.98% more ownership
Funds ownership: 58.42% → 66.4% (+8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$27M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$19.3M |
| 3 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$13.2M |
| 4 |
Morgan Stanley
New York
|
+$8.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.75M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.75M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.51M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$1.38M |
FXZ Hedge Fund Activity: Q3 2016 in Review
64 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2016, worth a combined $221M — up 86% from $119M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FXZ positions and 7 closed out — a net gain of 13 holders — while 24 added to existing stakes and 12 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $27M. The largest seller was Goldman Sachs, exiting entirely with an estimated $8.7M sold.
- 64 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2016, up from 54 in Q2 2016.
- Funds reported $221M of First Trust Materials AlphaDEX Fund stock for Q3 2016, up 86% quarter-over-quarter.
- 20 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2016 and 7 closed out, a net change of +13 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q3 2016 was Hays Advisory, an estimated $27M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q3 2016 was Goldman Sachs, an estimated $8.7M sold.
Based on aggregated 13F filings for Q3 2016.