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First Trust Materials AlphaDEX Fund

60 hedge funds and large institutions have $65.2M invested in First Trust Materials AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $60.7M → $65.2M (+$4.54M)

1.09% more ownership

Funds ownership: 44%45.09% (+1.1%)

5% less funds holding

Funds holding: 6360 (-3)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

Holders
60
Holders Change
-3
Holders Change %
-4.76%
% of All Funds
1.3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
16
Reduced
22
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.8M -$4.85M -130,096 -34%
Bank of America
2
Bank of America
North Carolina
$8.23M +$22.5K +605 +0.3%
Wells Fargo
3
Wells Fargo
California
$7.02M -$294K -7,891 -4%
WAS
4
Winch Advisory Services
Wisconsin
$3.91M +$3.82M +102,504 +19,304%
FI
5
FormulaFolio Investments
Michigan
$3.89M +$3.81M +102,326 New
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$2.87M +$1.92M +51,523 +216%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$2.7M -$34.4K -922 -1%
LPL Financial
8
LPL Financial
California
$2.56M +$49.7K +1,333 +2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$2.34M -$494K -13,256 -18%
UBS Group
10
UBS Group
Switzerland
$1.98M +$336K +9,026 +21%
ACM
11
Aviance Capital Management
Florida
$1.8M -$151K -4,042 -8%
ACP
12
Aveo Capital Partners
Colorado
$1.6M +$1.57M +42,144 New
Ameriprise
13
Ameriprise
Minnesota
$1.6M -$659K -17,690 -30%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.24M -$4M -107,374 -77%
AA
15
Advisory Alpha
Michigan
$1.19M +$61.1K +1,640 +5%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$1.18M +$611K +16,405 +113%
Jane Street
17
Jane Street
New York
$1.11M -$473K -12,689 -30%
SB
18
Suntrust Banks
Georgia
$1.07M +$543K +14,573 +131%
HGWM
19
Harvest Group Wealth Management
Massachusetts
$942K +$894 +24 +0.1%
QCIG
20
Quad-Cities Investment Group
Iowa
$812K -$116K -3,107 -13%
RJA
21
Raymond James & Associates
Florida
$783K -$150K -4,025 -16%
AW
22
ACG Wealth
Georgia
$702K -$53.9K -1,447 -7%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$676K +$105K +2,827 +19%
AG
24
Advisor Group
Arizona
$555K +$2.27K +61 +0.4%
TRCT
25
Tower Research Capital (TRC)
New York
$515K -$690K -18,501 -58%

FXZ Hedge Fund Activity: Q1 2019 in Review

60 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2019, worth a combined $65.2M — up 7.5% from $60.7M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FXZ and 9 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 16 added.

The largest buyer was Winch Advisory Services, adding an estimated $3.82M. The largest seller was Morgan Stanley, cutting an estimated $4.85M.

  • 60 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2019, down from 63 in Q4 2018.
  • Funds reported $65.2M of First Trust Materials AlphaDEX Fund stock for Q1 2019, up 7.5% quarter-over-quarter.
  • 9 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2019 and 11 closed out, a net change of -2 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q1 2019 was Winch Advisory Services, an estimated $3.82M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q1 2019 was Morgan Stanley, an estimated $4.85M sold.

Based on aggregated 13F filings for Q1 2019.