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First Trust Materials AlphaDEX Fund

94 hedge funds and large institutions have $295M invested in First Trust Materials AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 27

1.34% more ownership

Funds ownership: 66.61%67.95% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less funds holding

Funds holding: 10294 (-8)

14% less capital invested

Capital invested by funds: $343M → $295M (-$47.6M)

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

Holders
94
Holders Change
-8
Holders Change %
-7.84%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
13
Increased
34
Reduced
27
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$49M -$5.06M -88,595 -9%
Wells Fargo
2
Wells Fargo
California
$41.7M -$8.5M -148,730 -17%
Bank of America
3
Bank of America
North Carolina
$25.3M +$574K +10,042 +2%
LPL Financial
4
LPL Financial
California
$19.4M +$100K +1,757 +0.5%
RJA
5
Raymond James & Associates
Florida
$15.9M +$5.53M +96,761 +52%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$15.5M -$11M -192,160 -41%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$9.66M +$2.34M +40,850 +31%
Truist Financial
8
Truist Financial
North Carolina
$7.14M +$2.11M +36,946 +41%
NA
9
Navellier & Associates
Nevada
$6.95M -$304K -5,321 -4%
SL
10
Savior LLC
Massachusetts
$6.94M -$2.26M -39,512 -24%
Ameriprise
11
Ameriprise
Minnesota
$6.83M -$286K -5,004 -4%
UBS Group
12
UBS Group
Switzerland
$6.31M -$476K -8,319 -7%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$5.77M -$981K -17,158 -14%
BFEC
14
Benjamin F. Edwards & Company
Missouri
$5.04M +$1.14M +19,964 +28%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$5.02M +$538K +9,413 +12%
FEM
16
Fulcrum Equity Management
Texas
$4.83M -$664K -11,612 -12%
Goldman Sachs
17
Goldman Sachs
New York
$3.85M -$3.35M -58,644 -46%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$3.32M +$253K +4,431 +8%
SI
19
Stephens Inc
Arkansas
$3.32M +$220K +3,852 +7%
HighTower Advisors
20
HighTower Advisors
Illinois
$3.2M +$61K +1,067 +2%
Osaic Holdings
21
Osaic Holdings
Arizona
$2.96M -$142K -2,482 -4%
OC
22
Oppenheimer & Co
New York
$2.8M +$625K +10,930 +28%
KPWS
23
Kestra Private Wealth Services
Texas
$2.75M +$161K +2,808 +6%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$2.73M -$2.74M -47,889 -50%
Stifel Financial
25
Stifel Financial
Missouri
$2.58M +$225K +3,935 +9%

FXZ Hedge Fund Activity: Q3 2021 in Review

94 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q3 2021, worth a combined $295M — down 14% from $343M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FXZ and 13 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 34 added.

The largest buyer was Raymond James & Associates, adding an estimated $5.53M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $11M.

  • 94 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q3 2021, down from 102 in Q2 2021.
  • Funds reported $295M of First Trust Materials AlphaDEX Fund stock for Q3 2021, down 14% quarter-over-quarter.
  • 13 funds opened new First Trust Materials AlphaDEX Fund positions in Q3 2021 and 20 closed out, a net change of -7 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q3 2021 was Raymond James & Associates, an estimated $5.53M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q3 2021 was Raymond James Financial Services Advisors, an estimated $11M sold.

Based on aggregated 13F filings for Q3 2021.