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First Trust Materials AlphaDEX Fund

73 hedge funds and large institutions have $146M invested in First Trust Materials AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 53.5%54.14% (+0.64%)

8% less funds holding

Funds holding: 7973 (-6)

12% less capital invested

Capital invested by funds: $166M → $146M (-$20M)

18% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 28

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
73
Holders Change
-6
Holders Change %
-7.59%
% of All Funds
1.67%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
23
Reduced
28
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$30.8M +$1.13M +26,654 +4%
Morgan Stanley
2
Morgan Stanley
New York
$24.1M -$15.4M -363,681 -38%
AIM
3
Astor Investment Management
Illinois
$13.6M +$7.25M +171,312 +109%
Bank of America
4
Bank of America
North Carolina
$11.3M -$2.27M -53,687 -16%
LPL Financial
5
LPL Financial
California
$6.07M +$1.79M +42,302 +41%
UBS Group
6
UBS Group
Switzerland
$5.73M +$99.6K +2,354 +2%
KCM
7
Karp Capital Management
California
$4.47M -$80.5K -1,902 -2%
Ameriprise
8
Ameriprise
Minnesota
$4.34M +$326K +7,711 +8%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$3.5M +$596K +14,088 +20%
HighTower Advisors
10
HighTower Advisors
Illinois
$3.34M -$177K -4,186 -5%
GFPC
11
Global Financial Private Capital
Florida
$3.31M +$1.57M +37,093 +86%
WA
12
WESPAC Advisors
California
$2.69M +$414K +9,792 +18%
WAS
13
Winch Advisory Services
Wisconsin
$2.53M +$127K +2,995 +5%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$2.43M +$254K +5,993 +11%
RJA
15
Raymond James & Associates
Florida
$2.42M -$808K -19,096 -25%
SB
16
Suntrust Banks
Georgia
$1.91M +$136K +3,219 +8%
UCFA
17
United Capital Financial Advisors
Texas
$1.62M +$45.3K +1,070 +3%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$1.44M -$948K -22,387 -39%
OC
19
Oppenheimer & Co
New York
$1.43M +$13K +308 +0.9%
AI
20
Atria Investments
North Carolina
$1.37M +$823K +19,449 +142%
QCIG
21
Quad-Cities Investment Group
Iowa
$1.17M -$12.1K -287 -1%
HGWM
22
Harvest Group Wealth Management
Massachusetts
$1.03M +$4.23K +100 +0.4%
WI
23
Wintrust Investments
Illinois
$980K +$52.5K +1,241 +6%
AW
24
ACG Wealth
Georgia
$878K +$898K +21,209 New
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$827K -$175K -4,133 -17%

FXZ Hedge Fund Activity: Q3 2018 in Review

73 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2018, worth a combined $146M — down 12% from $166M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FXZ and 8 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 23 added.

The largest buyer was Astor Investment Management, adding an estimated $7.25M. The largest seller was Morgan Stanley, cutting an estimated $15.4M.

  • 73 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2018, down from 79 in Q2 2018.
  • Funds reported $146M of First Trust Materials AlphaDEX Fund stock for Q3 2018, down 12% quarter-over-quarter.
  • 8 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2018 and 13 closed out, a net change of -5 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2018 was Astor Investment Management, an estimated $7.25M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2018 was Morgan Stanley, an estimated $15.4M sold.

Based on aggregated 13F filings for Q3 2018.