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First Trust Developed Markets ex-US AlphaDEX Fund

119 hedge funds and large institutions have $367M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 56 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more capital invested

Capital invested by funds: $300M → $367M (+$67M)

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0.25% more ownership

Funds ownership: 70.04%70.29% (+0.25%)

1% less funds holding

Funds holding: 120119 (-1)

45% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 56

Holders
119
Holders Change
-1
Holders Change %
-0.83%
% of All Funds
1.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
31
Reduced
56
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$70.7M -$1.15M -18,279 -2%
LPL Financial
2
LPL Financial
California
$43.2M +$6.23M +99,083 +19%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$29.2M -$568K -9,032 -2%
Wells Fargo
4
Wells Fargo
California
$19.5M +$4.91M +78,129 +38%
UBS Group
5
UBS Group
Switzerland
$15M -$69.7K -1,109 -0.5%
Raymond James Financial
6
Raymond James Financial
Florida
$14.8M -$3.64M -57,867 -21%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$14.1M +$5.79M +92,092 +82%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$13.2M -$458K -7,284 -4%
Cetera Investment Advisers
9
Cetera Investment Advisers
Illinois
$11.8M -$374K -5,951 -3%
KWM
10
Kingsview Wealth Management
Oregon
$10.5M -$443K -7,046 -4%
AssetMark Inc
11
AssetMark Inc
California
$10.2M +$1.08M +17,231 +13%
BEI
12
Benjamin Edwards Inc
Missouri
$7.34M +$4.46M +70,929 +198%
Stifel Financial
13
Stifel Financial
Missouri
$6.94M +$4.09M +65,091 +182%
MFG
14
Mainsail Financial Group
Washington
$5.52M +$36.5K +581 +0.7%
Osaic Holdings
15
Osaic Holdings
Arizona
$4.53M +$800K +12,726 +24%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$4.4M +$4.02M +64,000 New
TFA
17
TPG Financial Advisors
Oregon
$4.03M +$24K +382 +0.7%
AI
18
Atria Investments
North Carolina
$3.45M -$154K -2,453 -5%
PFS
19
Prospera Financial Services
Texas
$3.17M -$40.1K -638 -1%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$3.12M -$211K -3,349 -7%
AWM
21
AE Wealth Management
Kansas
$3.07M -$841K -13,375 -23%
AAS
22
Avantax Advisory Services
Texas
$2.86M -$269K -4,282 -9%
IA
23
IFP Advisors
Florida
$2.85M -$69K -1,098 -3%
CAS
24
Coppell Advisory Solutions
Texas
$2.8M -$583K -9,266 -18%
Carson Wealth (CWM LLC)
25
Carson Wealth (CWM LLC)
Nebraska
$2.79M +$1.34M +21,359 +111%

FDT Hedge Fund Activity: Q2 2025 in Review

119 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2025, worth a combined $367M — up 22% from $300M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FDT positions and 14 closed out — a net gain of 1 holder — while 31 added to existing stakes and 56 trimmed.

The largest buyer was LPL Financial, adding an estimated $6.23M. The largest seller was Raymond James Financial, cutting an estimated $3.64M.

  • 119 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2025, down from 120 in Q1 2025.
  • Funds reported $367M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2025, up 22% quarter-over-quarter.
  • 15 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2025 and 14 closed out, a net change of +1 holder.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2025 was LPL Financial, an estimated $6.23M added.
  • The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2025 was Raymond James Financial, an estimated $3.64M sold.

Based on aggregated 13F filings for Q2 2025.