First Trust Materials AlphaDEX Fund
FXZ
70 hedge funds and large institutions have $124M invested in First Trust Materials AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 4 closing their positions.
500% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
118% more capital invested
Capital invested by funds: $56.7M → $124M (+$67M)
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
37% more funds holding
Funds holding: 51 → 70 (+19)
13.71% more ownership
Funds ownership: 53.96% → 67.68% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.1M |
| 2 |
Morgan Stanley
New York
|
+$10.1M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$3.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.58M |
| 5 |
Goldman Sachs
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$1.02M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$784K |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
-$783K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$640K |
FXZ Hedge Fund Activity: Q4 2020 in Review
70 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2020, worth a combined $124M — up 118% from $56.7M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXZ positions and 4 closed out — a net gain of 20 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.1M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.11M sold.
- 70 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2020, up from 51 in Q3 2020.
- Funds reported $124M of First Trust Materials AlphaDEX Fund stock for Q4 2020, up 118% quarter-over-quarter.
- 24 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2020 and 4 closed out, a net change of +20 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q4 2020 was Wells Fargo, an estimated $10.1M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q4 2020 was Susquehanna International Group, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2020.