First Trust Technology AlphaDEX Fund
232 hedge funds and large institutions have $686M invested in First Trust Technology AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 95 reducing their positions, and 34 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1.04% less ownership
Funds ownership: 58.91% → 57.87% (-1%)
11% less funds holding
Funds holding: 260 → 232 (-28)
17% less capital invested
Capital invested by funds: $828M → $686M (-$142M)
60% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 95
62% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 34
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $661K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$13.6M |
| 2 |
CI
CX Institutional
Auburn,
Indiana
|
+$6.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.07M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$4.06M |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
RVW Wealth
Los Angeles,
California
|
-$17.7M |
| 2 |
Morgan Stanley
New York
|
-$13M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$11.7M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$8.66M |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$6.55M |
FXL Hedge Fund Activity: Q1 2025 in Review
232 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2025, worth a combined $686M — down 17% from $828M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FXL and 13 opened new positions — a net loss of 21 holders — while 95 trimmed existing stakes and 38 added.
The largest buyer was Creative Planning, adding an estimated $13.6M. The largest seller was RVW Wealth, cutting an estimated $17.7M.
- 232 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2025, down from 260 in Q4 2024.
- Funds reported $686M of First Trust Technology AlphaDEX Fund stock for Q1 2025, down 17% quarter-over-quarter.
- 13 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2025 and 34 closed out, a net change of -21 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2025 was Creative Planning, an estimated $13.6M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2025 was RVW Wealth, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2025.