First Trust Consumer Discretionary AlphaDEX Fund
FXD
114 hedge funds and large institutions have $148M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 42 reducing their positions, and 11 closing their positions.
154% more call options, than puts
Call options by funds: $2.52M | Put options by funds: $993K
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
2% less funds holding
Funds holding: 116 → 114 (-2)
6.54% less ownership
Funds ownership: 64.33% → 57.78% (-6.5%)
23% less capital invested
Capital invested by funds: $191M → $148M (-$43.6M)
45% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.28M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$1.42M |
| 3 |
Citigroup
New York
|
+$1.34M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$807K |
| 5 |
EFP
Elser Financial Planning
Indianapolis,
Indiana
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$7.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.17M |
| 3 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
-$4.8M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$4.68M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$3.42M |
FXD Hedge Fund Activity: Q1 2026 in Review
114 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2026, worth a combined $148M — down 23% from $191M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXD positions and 11 closed out — a net gain of 1 holder — while 23 added to existing stakes and 42 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.28M. The largest seller was Virtue Capital Management, exiting entirely with an estimated $7.3M sold.
- 114 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2026, down from 116 in Q4 2025.
- Funds reported $148M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2026, down 23% quarter-over-quarter.
- 12 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2026 and 11 closed out, a net change of +1 holder.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2026 was Morgan Stanley, an estimated $5.28M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2026 was Virtue Capital Management, an estimated $7.3M sold.
Based on aggregated 13F filings for Q1 2026.