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First Trust Mid Cap Core AlphaDEX Fund

190 hedge funds and large institutions have $737M invested in First Trust Mid Cap Core AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 85 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 12

6% more funds holding

Funds holding: 180190 (+10)

2% more capital invested

Capital invested by funds: $725M → $737M (+$11.2M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.21% less ownership

Funds ownership: 65.29%65.08% (-0.21%)

48% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 85

Holders
190
Holders Change
+10
Holders Change %
+5.56%
% of All Funds
2.5%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
24
Increased
44
Reduced
85
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$128M -$11.8M -109,194 -9%
LPL Financial
2
LPL Financial
California
$105M +$253K +2,329 +0.3%
Wells Fargo
3
Wells Fargo
California
$89.8M +$11.1M +101,935 +15%
Raymond James Financial
4
Raymond James Financial
Florida
$56M -$2.35M -21,675 -4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$31.7M +$4.67M +43,073 +19%
UBS Group
6
UBS Group
Switzerland
$25.7M +$2.49M +22,947 +11%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$20.2M +$1.3M +11,955 +7%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$19.4M -$121K -1,120 -0.7%
HighTower Advisors
9
HighTower Advisors
Illinois
$14.5M +$177K +1,633 +1%
TCTWM
10
Three Cord True Wealth Management
Pennsylvania
$13.4M +$600K +5,532 +5%
Bank of America
11
Bank of America
North Carolina
$11.9M -$4.4M -40,529 -28%
Osaic Holdings
12
Osaic Holdings
Arizona
$10.8M -$329K -3,030 -3%
Stifel Financial
13
Stifel Financial
Missouri
$10.4M -$235K -2,164 -2%
LWM
14
Lakeridge Wealth Management
Ohio
$9.16M +$520K +4,790 +6%
KAS
15
Kestra Advisory Services
Texas
$8.33M -$13M -119,643 -62%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$7.95M -$118K -1,087 -2%
BRWA
17
B. Riley Wealth Advisors
Florida
$7.46M +$7.04M +64,951 New
CPIG
18
Chicago Partners Investment Group
Illinois
$7.15M -$44K -406 -0.7%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$6.5M +$955K +8,805 +18%
DADC
20
D.A. Davidson & Co
Montana
$6.23M -$297K -2,740 -5%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$6.11M -$345K -3,180 -6%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$5.62M -$362K -3,339 -6%
SA
23
Sanctuary Advisors
Indiana
$5.04M -$1.82M -16,771 -28%
KPWS
24
Kestra Private Wealth Services
Texas
$4.9M +$297K +2,740 +7%
PSCM
25
Per Stirling Capital Management
Texas
$4.81M -$2.51M -23,132 -36%

FNX Hedge Fund Activity: Q2 2025 in Review

190 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2025, worth a combined $737M — up 1.5% from $725M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FNX positions and 12 closed out — a net gain of 12 holders — while 44 added to existing stakes and 85 trimmed.

The largest buyer was Wells Fargo, adding an estimated $11.1M. The largest seller was Kestra Advisory Services, cutting an estimated $13M.

  • 190 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2025, up from 180 in Q1 2025.
  • Funds reported $737M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2025, up 1.5% quarter-over-quarter.
  • 24 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2025 and 12 closed out, a net change of +12 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2025 was Wells Fargo, an estimated $11.1M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2025 was Kestra Advisory Services, an estimated $13M sold.

Based on aggregated 13F filings for Q2 2025.