First Trust Large Cap Core AlphaDEX Fund
FEX
229 hedge funds and large institutions have $861M invested in First Trust Large Cap Core AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 88 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
5% more funds holding
Funds holding: 219 → 229 (+10)
2% more capital invested
Capital invested by funds: $848M → $861M (+$12.8M)
0.01% more ownership
Funds ownership: 61.48% → 61.49% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
38% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$6.44M |
| 2 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
+$6.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.8M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.66M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$6.67M |
| 3 |
Morgan Stanley
New York
|
-$5.96M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.77M |
| 5 |
VF
Virtu Financial
New York
|
-$3.72M |
FEX Hedge Fund Activity: Q1 2026 in Review
229 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2026, worth a combined $861M — up 1.5% from $848M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEX positions and 9 closed out — a net gain of 14 holders — while 55 added to existing stakes and 88 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $6.44M. The largest seller was Royal Bank of Canada, cutting an estimated $8.66M.
- 229 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2026, up from 219 in Q4 2025.
- Funds reported $861M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2026, up 1.5% quarter-over-quarter.
- 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2026 and 9 closed out, a net change of +14 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $6.44M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2026 was Royal Bank of Canada, an estimated $8.66M sold.
Based on aggregated 13F filings for Q1 2026.