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First Trust Materials AlphaDEX Fund

45 hedge funds and large institutions have $51.5M invested in First Trust Materials AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more capital invested

Capital invested by funds: $27.6M → $51.5M (+$23.9M)

13.04% more ownership

Funds ownership: 42.94%55.99% (+13%)

6% less funds holding

Funds holding: 4845 (-3)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

61% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 18

Holders
45
Holders Change
-3
Holders Change %
-6.25%
% of All Funds
0.92%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
7
Increased
7
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FEM
1
Fulcrum Equity Management
Texas
$7.32M +$6.76M +210,864 New
NA
2
Navellier & Associates
Nevada
$6.86M +$6.33M +197,671 New
SL
3
Savior LLC
Massachusetts
$6.8M +$5.39M +168,256 +607%
Morgan Stanley
4
Morgan Stanley
New York
$6.32M +$448K +13,997 +8%
Wells Fargo
5
Wells Fargo
California
$4.82M +$979K +30,558 +28%
Bank of America
6
Bank of America
North Carolina
$3.7M -$344K -10,726 -9%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$3.46M +$303K +9,462 +10%
Citadel Advisors
8
Citadel Advisors
Florida
$1.67M -$1.31M -40,772 -46%
UBS Group
9
UBS Group
Switzerland
$1.16M -$160K -5,001 -13%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$1.1M +$1.02M +31,824 New
LPL Financial
11
LPL Financial
California
$1.09M -$112K -3,485 -10%
Truist Financial
12
Truist Financial
North Carolina
$1.02M -$231K -7,208 -20%
MPW
13
Monterey Private Wealth
California
$807K -$89.6K -2,796 -11%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$758K +$700K +21,849 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$583K -$908K -28,344 -63%
Osaic Holdings
16
Osaic Holdings
Arizona
$552K +$66.2K +2,066 +15%
QCIG
17
Quad-Cities Investment Group
Iowa
$515K -$91.4K -2,854 -16%
ACP
18
Aveo Capital Partners
Colorado
$440K -$798K -24,913 -66%
RFWA
19
RPg Family Wealth Advisory
Massachusetts
$326K -$53.2K -1,660 -15%
Ameriprise
20
Ameriprise
Minnesota
$305K +$577 +18 +0.2%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$302K -$44.1K -1,375 -14%
TRCT
22
Tower Research Capital (TRC)
New York
$283K -$321K -10,019 -55%
RJA
23
Raymond James & Associates
Florida
$278K -$37.2K -1,160 -13%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$201K +$185K +5,789 New
PAG
25
Private Advisor Group
New Jersey
$187K +$173K +5,390 New

FXZ Hedge Fund Activity: Q2 2020 in Review

45 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2020, worth a combined $51.5M — up 86% from $27.6M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FXZ and 7 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 7 added.

The largest buyer was Fulcrum Equity Management, opening a new position worth an estimated $6.76M. The largest seller was Citadel Advisors, cutting an estimated $1.31M.

  • 45 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2020, down from 48 in Q1 2020.
  • Funds reported $51.5M of First Trust Materials AlphaDEX Fund stock for Q2 2020, up 86% quarter-over-quarter.
  • 7 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2020 and 10 closed out, a net change of -3 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q2 2020 was Fulcrum Equity Management, an estimated $6.76M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q2 2020 was Citadel Advisors, an estimated $1.31M sold.

Based on aggregated 13F filings for Q2 2020.