First Trust Materials AlphaDEX Fund
FXZ
79 hedge funds and large institutions have $166M invested in First Trust Materials AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 34 reducing their positions, and 20 closing their positions.
2.48% less ownership
Funds ownership: 55.98% → 53.5% (-2.5%)
15% less funds holding
Funds holding: 93 → 79 (-14)
19% less capital invested
Capital invested by funds: $206M → $166M (-$39.9M)
35% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $213K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$4.84M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.95M |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
+$2.37M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.85M |
| 5 |
Jane Street
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$14.2M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$6.97M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
-$4.37M |
| 4 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
-$3.51M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.91M |
FXZ Hedge Fund Activity: Q2 2018 in Review
79 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2018, worth a combined $166M — down 19% from $206M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXZ and 6 opened new positions — a net loss of 14 holders — while 34 trimmed existing stakes and 22 added.
The largest buyer was Astor Investment Management, adding an estimated $4.84M. The largest seller was Barber Financial Group, exiting entirely with an estimated $14.2M sold.
- 79 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2018, down from 93 in Q1 2018.
- Funds reported $166M of First Trust Materials AlphaDEX Fund stock for Q2 2018, down 19% quarter-over-quarter.
- 6 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2018 and 20 closed out, a net change of -14 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2018 was Astor Investment Management, an estimated $4.84M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2018 was Barber Financial Group, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2018.