First Trust Materials AlphaDEX Fund
FXZ
48 hedge funds and large institutions have $27.6M invested in First Trust Materials AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 27 closing their positions.
12.46% less ownership
Funds ownership: 55.41% → 42.94% (-12%)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
32% less funds holding
Funds holding: 71 → 48 (-23)
68% less capital invested
Capital invested by funds: $87.6M → $27.6M (-$60M)
78% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.09M |
| 2 |
Morgan Stanley
New York
|
+$840K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$326K |
| 4 |
KPW
Kore Private Wealth
New York
|
+$250K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$14.6M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$11.4M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$3.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.28M |
FXZ Hedge Fund Activity: Q1 2020 in Review
48 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q1 2020, worth a combined $27.6M — down 68% from $87.6M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FXZ and 6 opened new positions — a net loss of 21 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.09M. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $14.6M sold.
- 48 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q1 2020, down from 71 in Q4 2019.
- Funds reported $27.6M of First Trust Materials AlphaDEX Fund stock for Q1 2020, down 68% quarter-over-quarter.
- 6 funds opened new First Trust Materials AlphaDEX Fund positions in Q1 2020 and 27 closed out, a net change of -21 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q1 2020 was Citadel Advisors, an estimated $3.09M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q1 2020 was Fulcrum Equity Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2020.