First Trust Mid Cap Core AlphaDEX Fund
208 hedge funds and large institutions have $813M invested in First Trust Mid Cap Core AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
6% more funds holding
Funds holding: 196 → 208 (+12)
5% more capital invested
Capital invested by funds: $777M → $813M (+$36.4M)
0.43% more ownership
Funds ownership: 66.27% → 66.7% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.89M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.37M |
| 3 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
+$4.59M |
| 4 |
Morgan Stanley
New York
|
+$4.08M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$8.47M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.68M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.74M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$2.19M |
| 5 |
BAM
Bellevue Asset Management
Bellevue,
Washington
|
-$2M |
FNX Hedge Fund Activity: Q1 2026 in Review
208 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2026, worth a combined $813M — up 4.7% from $777M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FNX positions and 8 closed out — a net gain of 15 holders — while 73 added to existing stakes and 59 trimmed.
The largest buyer was Bank of America, adding an estimated $9.89M. The largest seller was B. Riley Wealth Advisors, cutting an estimated $8.47M.
- 208 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2026, up from 196 in Q4 2025.
- Funds reported $813M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2026, up 4.7% quarter-over-quarter.
- 23 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2026 and 8 closed out, a net change of +15 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2026 was Bank of America, an estimated $9.89M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2026 was B. Riley Wealth Advisors, an estimated $8.47M sold.
Based on aggregated 13F filings for Q1 2026.