First Trust Materials AlphaDEX Fund
FXZ
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.
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: 2 → 2 (0)
8% less funds holding
Funds holding: 102 → 94 (-8)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
63% less capital inflows, than outflows
Capital inflows: $23.1M | Capital outflows: $63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$5.53M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.34M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$2.11M |
| 4 |
Lincoln National Corp
Radnor,
Pennsylvania
|
+$1.68M |
| 5 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.5M |
| 3 |
Virtue Capital Management
Brentwood,
Tennessee
|
-$5.18M |
| 4 |
Morgan Stanley
New York
|
-$5.06M |
| 5 |
Plotkin Financial Advisors
Chevy Chase,
Maryland
|
-$4.8M |
FXZ Hedge Fund Activity: Q3 2021 in Review
94 of the 5,730 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.