First Trust Consumer Discretionary AlphaDEX Fund
FXD
124 hedge funds and large institutions have $204M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 60 reducing their positions, and 18 closing their positions.
368% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $642K
25.8% more ownership
Funds ownership: 36.5% → 62.31% (+26%)
1% less funds holding
Funds holding: 125 → 124 (-1)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
57% less capital invested
Capital invested by funds: $481M → $204M (-$276M)
75% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$7.59M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.96M |
| 3 |
JP Morgan Chase
New York
|
+$2.21M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.29M |
| 5 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$128M |
| 2 |
Morgan Stanley
New York
|
-$31M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$24.8M |
| 4 |
Millennium Management
New York
|
-$20.4M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$14.5M |
FXD Hedge Fund Activity: Q2 2025 in Review
124 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q2 2025, worth a combined $204M — down 57% from $481M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FXD and 17 opened new positions — a net loss of 1 holder — while 60 trimmed existing stakes and 15 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $7.59M. The largest seller was Susquehanna International Group, cutting an estimated $128M.
- 124 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q2 2025, down from 125 in Q1 2025.
- Funds reported $204M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q2 2025, down 57% quarter-over-quarter.
- 17 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q2 2025 and 18 closed out, a net change of -1 holder.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q2 2025 was Cambridge Investment Research Advisors, an estimated $7.59M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q2 2025 was Susquehanna International Group, an estimated $128M sold.
Based on aggregated 13F filings for Q2 2025.