First Trust Technology AlphaDEX Fund
266 hedge funds and large institutions have $835M invested in First Trust Technology AlphaDEX Fund in 2025 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 76 reducing their positions, and 14 closing their positions.
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
12% more call options, than puts
Call options by funds: $942K | Put options by funds: $841K
6% more funds holding
Funds holding: 252 → 266 (+14)
1.21% more ownership
Funds ownership: 57.46% → 58.67% (+1.2%)
2% more capital invested
Capital invested by funds: $821M → $835M (+$14.2M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$7.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.39M |
| 3 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$4.96M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.7M |
| 5 |
GS
GTS Securities
New York
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.58M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.09M |
| 3 |
Morgan Stanley
New York
|
-$3.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWM
276
RMG Wealth Management
Platteville,
Wisconsin
| – | -$128K | -760 | Closed |
|
277
Optiver Holding
Amsterdam,
Netherlands
| – | -$39.3K | -234 | Closed |
|
|
AAS
278
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$32K | -190 | Closed |
|
|
GWSG
279
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$11.8K | -70 | Closed |
|
|
AF
280
Advisornet Financial
Minnetonka,
Minnesota
| – | -$7.22K | -43 | Closed |
|
FXL Hedge Fund Activity: Q4 2025 in Review
266 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2025, worth a combined $835M — up 1.7% from $821M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FXL positions and 14 closed out — a net gain of 16 holders — while 55 added to existing stakes and 76 trimmed.
The largest buyer was Virtue Capital Management, adding an estimated $7.2M. The largest seller was Jane Street, exiting entirely with an estimated $6.58M sold.
- 266 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2025, up from 252 in Q3 2025.
- Funds reported $835M of First Trust Technology AlphaDEX Fund stock for Q4 2025, up 1.7% quarter-over-quarter.
- 30 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2025 and 14 closed out, a net change of +16 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q4 2025 was Virtue Capital Management, an estimated $7.2M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q4 2025 was Jane Street, an estimated $6.58M sold.
Based on aggregated 13F filings for Q4 2025.