First Trust Materials AlphaDEX Fund
FXZ
123 hedge funds and large institutions have $224M invested in First Trust Materials AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 51 reducing their positions, and 18 closing their positions.
3.15% less ownership
Funds ownership: 62.55% → 59.4% (-3.2%)
5% less funds holding
Funds holding: 130 → 123 (-7)
18% less capital invested
Capital invested by funds: $274M → $224M (-$49.7M)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
39% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.53M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.61M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
| 5 |
CPG
Cornerstone Planning Group
Fairfield,
New Jersey
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.93M |
| 3 |
Morgan Stanley
New York
|
-$3.59M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$3.18M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.97M |
FXZ Hedge Fund Activity: Q2 2024 in Review
123 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q2 2024, worth a combined $224M — down 18% from $274M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FXZ and 13 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 31 added.
The largest buyer was Jane Street, opening a new position worth an estimated $2.53M. The largest seller was Wells Fargo, cutting an estimated $5.5M.
- 123 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q2 2024, down from 130 in Q1 2024.
- Funds reported $224M of First Trust Materials AlphaDEX Fund stock for Q2 2024, down 18% quarter-over-quarter.
- 13 funds opened new First Trust Materials AlphaDEX Fund positions in Q2 2024 and 18 closed out, a net change of -5 holders.
- The largest First Trust Materials AlphaDEX Fund buyer in Q2 2024 was Jane Street, an estimated $2.53M added.
- The largest First Trust Materials AlphaDEX Fund seller in Q2 2024 was Wells Fargo, an estimated $5.5M sold.
Based on aggregated 13F filings for Q2 2024.