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First Trust Mid Cap Core AlphaDEX Fund

188 hedge funds and large institutions have $764M invested in First Trust Mid Cap Core AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 75 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

4% more capital invested

Capital invested by funds: $737M → $764M (+$27M)

0.28% less ownership

Funds ownership: 65.08%64.8% (-0.28%)

1% less funds holding

Funds holding: 190188 (-2)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

40% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 75

Holders
188
Holders Change
-2
Holders Change %
-1.05%
% of All Funds
2.47%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
13
Increased
45
Reduced
75
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
$131M -$8.19M -67,783 -6%
LPL Financial
2
LPL Financial
California
$111M -$3.37M -27,917 -3%
Wells Fargo
3
Wells Fargo
California
$83.6M -$14M -115,674 -15%
Raymond James Financial
4
Raymond James Financial
Florida
$60.9M -$242K -2,000 -0.4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$32.9M -$1.61M -13,338 -5%
UBS Group
6
UBS Group
Switzerland
$27M -$1.04M -8,618 -4%
Cetera Investment Advisers
7
Cetera Investment Advisers
Illinois
$24.7M +$3.37M +27,881 +16%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$22.9M +$815K +6,740 +4%
HighTower Advisors
9
HighTower Advisors
Illinois
$15.6M -$137K -1,136 -0.9%
TCTWM
10
Three Cord True Wealth Management
Pennsylvania
$15M +$333K +2,755 +2%
Osaic Holdings
11
Osaic Holdings
Arizona
$12.4M +$666K +5,508 +6%
Bank of America
12
Bank of America
North Carolina
$12.2M -$821K -6,795 -7%
Stifel Financial
13
Stifel Financial
Missouri
$11M -$407K -3,372 -4%
KAS
14
Kestra Advisory Services
Texas
$9.83M +$701K +5,803 +8%
LWM
15
Lakeridge Wealth Management
Ohio
$9.15M -$814K -6,733 -8%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$8.69M +$1.54M +12,718 +22%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$8.52M -$161K -1,330 -2%
BRWA
18
B. Riley Wealth Advisors
Florida
$8.15M +$6.04K +50 +0.1%
CPIG
19
Chicago Partners Investment Group
Illinois
$7.56M +$16.2K +134 +0.2%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$6.96M +$274K +2,269 +4%
DADC
21
D.A. Davidson & Co
Montana
$6.49M -$299K -2,472 -5%
SA
22
Sanctuary Advisors
Indiana
$5.56M +$58K +480 +1%
KPWS
23
Kestra Private Wealth Services
Texas
$5.51M +$149K +1,230 +3%
PSCM
24
Per Stirling Capital Management
Texas
$5.2M -$43K -356 -0.9%
SWP
25
Stratos Wealth Partners
Ohio
$5.04M -$146K -1,206 -3%

FNX Hedge Fund Activity: Q3 2025 in Review

188 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2025, worth a combined $764M — up 3.7% from $737M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FNX positions and 12 closed out — a net gain of 1 holder — while 45 added to existing stakes and 75 trimmed.

The largest buyer was Cetera Investment Advisers, adding an estimated $3.37M. The largest seller was Wells Fargo, cutting an estimated $14M.

  • 188 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2025, down from 190 in Q2 2025.
  • Funds reported $764M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2025, up 3.7% quarter-over-quarter.
  • 13 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2025 and 12 closed out, a net change of +1 holder.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2025 was Cetera Investment Advisers, an estimated $3.37M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2025 was Wells Fargo, an estimated $14M sold.

Based on aggregated 13F filings for Q3 2025.