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First Trust Developed Markets ex-US AlphaDEX Fund

120 hedge funds and large institutions have $300M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 53 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $289M → $300M (+$10.5M)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

3.8% less ownership

Funds ownership: 73.84%70.04% (-3.8%)

4% less funds holding

Funds holding: 125120 (-5)

28% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 53

Holders
120
Holders Change
-5
Holders Change %
-4%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
38
Reduced
53
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$60.9M +$225K +3,939 +0.4%
LPL Financial
2
LPL Financial
California
$30.8M +$3.05M +53,268 +11%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$25.2M -$2M -34,945 -7%
Raymond James Financial
4
Raymond James Financial
Florida
$15.9M +$2.31M +40,279 +17%
UBS Group
5
UBS Group
Switzerland
$12.8M +$695K +12,143 +6%
Wells Fargo
6
Wells Fargo
California
$11.9M -$4.2M -73,436 -26%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$11.6M -$954K -16,678 -8%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$10.4M +$1.29M +22,471 +14%
KWM
9
Kingsview Wealth Management
Oregon
$9.34M -$1.29M -22,494 -12%
AssetMark Inc
10
AssetMark Inc
California
$7.68M -$654K -11,419 -8%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$6.57M +$870K +15,196 +16%
MFG
12
Mainsail Financial Group
Washington
$4.67M +$193K +3,366 +4%
TFA
13
TPG Financial Advisors
Oregon
$3.39M +$71.9K +1,256 +2%
AWM
14
AE Wealth Management
Kansas
$3.38M -$244K -4,260 -7%
Bank of America
15
Bank of America
North Carolina
$3.24M -$49.9K -872 -2%
Osaic Holdings
16
Osaic Holdings
Arizona
$3.15M -$529K -9,248 -15%
CAS
17
Coppell Advisory Solutions
Texas
$3.08M -$2.95M -51,590 -51%
AI
18
Atria Investments
North Carolina
$3.06M -$73.7K -1,287 -2%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$2.84M -$405K -7,073 -13%
PFS
20
Prospera Financial Services
Texas
$2.72M -$265K -4,631 -9%
AAS
21
Avantax Advisory Services
Texas
$2.67M -$266K -4,644 -9%
SAM
22
Synergy Asset Management
Washington
$2.54M +$2.5M +43,680 New
IA
23
IFP Advisors
Florida
$2.48M -$185K -3,234 -7%
Truist Financial
24
Truist Financial
North Carolina
$2.11M -$2.1M -36,760 -50%
Stifel Financial
25
Stifel Financial
Missouri
$2.09M -$1.2M -20,998 -37%

FDT Hedge Fund Activity: Q1 2025 in Review

120 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q1 2025, worth a combined $300M — up 3.6% from $289M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FDT and 11 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 38 added.

The largest buyer was LPL Financial, adding an estimated $3.05M. The largest seller was Wells Fargo, cutting an estimated $4.2M.

  • 120 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q1 2025, down from 125 in Q4 2024.
  • Funds reported $300M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q1 2025, up 3.6% quarter-over-quarter.
  • 11 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q1 2025 and 12 closed out, a net change of -1 holder.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q1 2025 was LPL Financial, an estimated $3.05M added.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q1 2025 was Wells Fargo, an estimated $4.2M sold.

Based on aggregated 13F filings for Q1 2025.