First Trust Large Cap Core AlphaDEX Fund
242 hedge funds and large institutions have $1.02B invested in First Trust Large Cap Core AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 85 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more capital invested
Capital invested by funds: $861M → $1.02B (+$156M)
6% more funds holding
Funds holding: 229 → 242 (+13)
1.54% more ownership
Funds ownership: 61.49% → 63.03% (+1.5%)
28% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$27.9M |
| 2 |
P
&Partners
Nashville,
Tennessee
|
+$10.7M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$7.33M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.9M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$25.6M |
| 2 |
BW
BIP Wealth
Atlanta,
Georgia
|
-$8.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.6M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.23M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$2.09M |
FEX Hedge Fund Activity: Q2 2026 in Review
242 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2026, worth a combined $1.02B — up 18% from $861M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEX positions and 8 closed out — a net gain of 15 holders — while 61 added to existing stakes and 85 trimmed.
The largest buyer was Modern Wealth Management, adding an estimated $27.9M. The largest seller was LPL Financial, cutting an estimated $25.6M.
- 242 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2026, up from 229 in Q1 2026.
- Funds reported $1.02B of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2026, up 18% quarter-over-quarter.
- 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2026 and 8 closed out, a net change of +15 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2026 was Modern Wealth Management, an estimated $27.9M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2026 was LPL Financial, an estimated $25.6M sold.
Based on aggregated 13F filings for Q2 2026.