First Trust Developed Markets ex-US AlphaDEX Fund
201 hedge funds and large institutions have $926M invested in First Trust Developed Markets ex-US AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 81 increasing their positions, 56 reducing their positions, and 15 closing their positions.
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
45% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 56
21% more capital invested
Capital invested by funds: $766M → $926M (+$160M)
11% more funds holding
Funds holding: 181 → 201 (+20)
0.94% more ownership
Funds ownership: 70.03% → 70.97% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$59.2M |
| 2 |
P
&Partners
Nashville,
Tennessee
|
+$26.7M |
| 3 |
LPL Financial
San Diego,
California
|
+$12M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$7.49M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$7.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$18.9M |
| 3 |
Jane Street
New York
|
-$16.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$14.7M |
| 5 |
GS
GTS Securities
Miami,
Florida
|
-$2.63M |
FDT Hedge Fund Activity: Q2 2026 in Review
201 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) for Q2 2026, worth a combined $926M — up 21% from $766M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FDT positions and 15 closed out — a net gain of 22 holders — while 81 added to existing stakes and 56 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $59.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $25.8M sold.
- 201 institutional investors held First Trust Developed Markets ex-US AlphaDEX Fund (FDT) as of Q2 2026, up from 181 in Q1 2026.
- Funds reported $926M of First Trust Developed Markets ex-US AlphaDEX Fund stock for Q2 2026, up 21% quarter-over-quarter.
- 37 funds opened new First Trust Developed Markets ex-US AlphaDEX Fund positions in Q2 2026 and 15 closed out, a net change of +22 holders.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund buyer in Q2 2026 was Morgan Stanley, an estimated $59.2M added.
- The largest First Trust Developed Markets ex-US AlphaDEX Fund seller in Q2 2026 was Citadel Advisors, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2026.