First Trust Developed Markets ex-US AlphaDEX Fund
160 hedge funds and large institutions have $532M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2025 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 50 reducing their positions, and 7 closing their positions.
286% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more funds holding
Funds holding: 140 → 160 (+20)
13% more capital invested
Capital invested by funds: $469M → $532M (+$62.6M)
8% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 50
5.7% less ownership
Funds ownership: 72.92% → 67.22% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$12.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.16M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.18M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.61M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$4.43M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$3.36M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$2.57M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
-$2.42M |
| 5 |
PAS
Park Avenue Securities
New York
|
-$1.9M |
FDT Hedge Fund Activity: Q4 2025 in Review
160 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q4 2025, worth a combined $532M — up 13% from $469M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FDT positions and 7 closed out — a net gain of 20 holders — while 54 added to existing stakes and 50 trimmed.
The largest buyer was SMI Advisory Services, opening a new position worth an estimated $12.8M. The largest seller was Kingsview Wealth Management, cutting an estimated $4.43M.
- 160 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q4 2025, up from 140 in Q3 2025.
- Funds reported $532M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q4 2025, up 13% quarter-over-quarter.
- 27 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q4 2025 and 7 closed out, a net change of +20 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q4 2025 was SMI Advisory Services, an estimated $12.8M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q4 2025 was Kingsview Wealth Management, an estimated $4.43M sold.
Based on aggregated 13F filings for Q4 2025.