First Trust Switzerland AlphaDEX Fund
25 hedge funds and large institutions have $28.7M invested in First Trust Switzerland AlphaDEX Fund in 2025 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 8 closing their positions.
7% less funds holding
Funds holding: 27 → 25 (-2)
15.85% less ownership
Funds ownership: 81.05% → 65.2% (-16%)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
56% less capital invested
Capital invested by funds: $65.4M → $28.7M (-$36.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.03M |
| 2 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$535K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$156K |
| 4 |
JP Morgan Chase
New York
|
+$37.2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$32.9M |
| 2 |
Morgan Stanley
New York
|
-$3.02M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.18M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.45M |
| 5 |
UWS
Unique Wealth Strategies
Burr Ridge,
Illinois
|
-$530K |
FSZ Hedge Fund Activity: Q4 2025 in Review
25 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in First Trust Switzerland AlphaDEX Fund (FSZ) for Q4 2025, worth a combined $28.7M — down 56% from $65.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FSZ and 6 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Flow Traders U.S., adding an estimated $2.03M. The largest seller was First Trust Advisors, exiting entirely with an estimated $32.9M sold.
- 25 institutional investors held First Trust Switzerland AlphaDEX Fund (FSZ) as of Q4 2025, down from 27 in Q3 2025.
- Funds reported $28.7M of First Trust Switzerland AlphaDEX Fund stock for Q4 2025, down 56% quarter-over-quarter.
- 6 funds opened new First Trust Switzerland AlphaDEX Fund positions in Q4 2025 and 8 closed out, a net change of -2 holders.
- The largest First Trust Switzerland AlphaDEX Fund buyer in Q4 2025 was Flow Traders U.S., an estimated $2.03M added.
- The largest First Trust Switzerland AlphaDEX Fund seller in Q4 2025 was First Trust Advisors, an estimated $32.9M sold.
Based on aggregated 13F filings for Q4 2025.