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First Trust Multi Cap Value AlphaDEX Fund

60 hedge funds and large institutions have $53.4M invested in First Trust Multi Cap Value AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 29 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less capital invested

Capital invested by funds: $55.6M → $53.4M (-$2.16M)

1.21% less ownership

Funds ownership: 46.52%45.31% (-1.2%)

2% less funds holding

Funds holding: 6160 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

55% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 29

Holders
60
Holders Change
-1
Holders Change %
-1.64%
% of All Funds
0.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
13
Reduced
29
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.16M -$218K -2,811 -4%
Raymond James Financial
2
Raymond James Financial
Florida
$5.02M +$159K +2,053 +3%
LPL Financial
3
LPL Financial
California
$4.09M -$6.82K -88 -0.2%
6F
4
626 Financial
Michigan
$3.17M -$79K -1,019 -3%
Wells Fargo
5
Wells Fargo
California
$3.09M -$337K -4,349 -10%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$2.8M -$878K -11,324 -25%
Osaic Holdings
7
Osaic Holdings
Arizona
$2.8M +$48.1K +620 +2%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.7M -$290K -3,734 -10%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$1.77M -$11.8K -152 -0.7%
Goldman Sachs
10
Goldman Sachs
New York
$1.77M
NPAN
11
Northeast Planning Associates NH
New Hampshire
$1.72M +$27.5K +355 +2%
Stifel Financial
12
Stifel Financial
Missouri
$1.66M -$108K -1,389 -6%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$1.6M -$280K -3,607 -15%
PS
14
Principal Securities
Iowa
$1.51M -$324K -4,185 -18%
UBS Group
15
UBS Group
Switzerland
$1.36M +$442K +5,700 +52%
PA
16
PFG Advisors
Arizona
$1.23M -$18.6K -240 -2%
PAG
17
Private Advisor Group
New Jersey
$915K +$1.16K +15 +0.1%
NS
18
NBC Securities
Alabama
$779K -$14.3K -185 -2%
QCIG
19
Quad-Cities Investment Group
Iowa
$730K +$1.24K +16 +0.2%
PWS
20
Proactive Wealth Strategies
Georgia
$652K +$2.4K +31 +0.4%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$626K -$28.5K -367 -5%
HI
22
Harbour Investments
Wisconsin
$610K -$19.2K -248 -3%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$599K -$378K -4,873 -40%
AWE
24
Avidian Wealth Enterprises
Texas
$587K +$1.63K +21 +0.3%
CIAS
25
Capital Investment Advisory Services
North Carolina
$562K -$27.6K -356 -5%

FAB Hedge Fund Activity: Q2 2025 in Review

60 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2025, worth a combined $53.4M — down 3.9% from $55.6M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FAB and 4 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 13 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $473K. The largest seller was Susquehanna International Group, cutting an estimated $878K.

  • 60 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2025, down from 61 in Q1 2025.
  • Funds reported $53.4M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2025, down 3.9% quarter-over-quarter.
  • 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2025 and 5 closed out, a net change of -1 holder.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2025 was Citadel Advisors, an estimated $473K added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2025 was Susquehanna International Group, an estimated $878K sold.

Based on aggregated 13F filings for Q2 2025.