First Trust Consumer Discretionary AlphaDEX Fund
FXD
125 hedge funds and large institutions have $481M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 52 reducing their positions, and 33 closing their positions.
825% more call options, than puts
Call options by funds: $2.83M | Put options by funds: $306K
14% less funds holding
Funds holding: 145 → 125 (-20)
51.87% less ownership
Funds ownership: 88.37% → 36.5% (-52%)
52% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 52
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
65% less capital invested
Capital invested by funds: $1.39B → $481M (-$907M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$139M |
| 2 |
Millennium Management
New York
|
+$22.4M |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$15.8M |
| 4 |
Citigroup
New York
|
+$11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$808M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$43.9M |
| 3 |
Morgan Stanley
New York
|
-$32.5M |
| 4 |
ODG
O'Dell Group
Cincinnati,
Ohio
|
-$22.2M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$20.5M |
FXD Hedge Fund Activity: Q1 2025 in Review
125 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2025, worth a combined $481M — down 65% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FXD and 15 opened new positions — a net loss of 18 holders — while 52 trimmed existing stakes and 25 added.
The largest buyer was Susquehanna International Group, adding an estimated $139M. The largest seller was First Trust Advisors, exiting entirely with an estimated $808M sold.
- 125 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2025, down from 145 in Q4 2024.
- Funds reported $481M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2025, down 65% quarter-over-quarter.
- 15 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2025 and 33 closed out, a net change of -18 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2025 was Susquehanna International Group, an estimated $139M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2025 was First Trust Advisors, an estimated $808M sold.
Based on aggregated 13F filings for Q1 2025.