First Trust Mid Cap Core AlphaDEX Fund
181 hedge funds and large institutions have $732M invested in First Trust Mid Cap Core AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 53 increasing their positions, 79 reducing their positions, and 16 closing their positions.
0.34% less ownership
Funds ownership: 66.2% → 65.86% (-0.34%)
5% less funds holding
Funds holding: 191 → 181 (-10)
11% less capital invested
Capital invested by funds: $820M → $732M (-$88.7M)
33% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 79
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.5M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$3.01M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$2.8M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$1.47M |
| 5 |
NS
NBC Securities
Birmingham,
Alabama
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$22.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.79M |
| 3 |
BAM
Bellevue Asset Management
Bellevue,
Washington
|
-$5.39M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.16M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.71M |
FNX Hedge Fund Activity: Q1 2025 in Review
181 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2025, worth a combined $732M — down 11% from $820M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FNX and 8 opened new positions — a net loss of 8 holders — while 79 trimmed existing stakes and 53 added.
The largest buyer was Morgan Stanley, adding an estimated $10.5M. The largest seller was National Bank of Canada, cutting an estimated $22.6M.
- 181 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2025, down from 191 in Q4 2024.
- Funds reported $732M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2025, down 11% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2025 and 16 closed out, a net change of -8 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2025 was Morgan Stanley, an estimated $10.5M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2025 was National Bank of Canada, an estimated $22.6M sold.
Based on aggregated 13F filings for Q1 2025.