First Trust Materials AlphaDEX Fund
FXZ
63 hedge funds and large institutions have $60.7M invested in First Trust Materials AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 33 reducing their positions, and 20 closing their positions.
10.24% less ownership
Funds ownership: 54.24% → 44% (-10%)
14% less funds holding
Funds holding: 73 → 63 (-10)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
58% less capital invested
Capital invested by funds: $146M → $60.7M (-$85.2M)
76% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.7M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$1.79M |
| 3 |
Jane Street
New York
|
+$1.29M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
+$1.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$20.2M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$13.6M |
| 3 |
Morgan Stanley
New York
|
-$7.18M |
| 4 |
KCM
Karp Capital Management
Sausalito,
California
|
-$3.92M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.5M |
FXZ Hedge Fund Activity: Q4 2018 in Review
63 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2018, worth a combined $60.7M — down 58% from $146M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXZ and 11 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $4.7M. The largest seller was Wells Fargo, cutting an estimated $20.2M.
- 63 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2018, down from 73 in Q3 2018.
- Funds reported $60.7M of First Trust Materials AlphaDEX Fund stock for Q4 2018, down 58% quarter-over-quarter.
- 11 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2018 and 20 closed out, a net change of -9 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $4.7M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2018.