First Trust Technology AlphaDEX Fund
254 hedge funds and large institutions have $805M invested in First Trust Technology AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 38 increasing their positions, 98 reducing their positions, and 18 closing their positions.
122% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 18
17% more capital invested
Capital invested by funds: $686M → $805M (+$119M)
9% more funds holding
Funds holding: 232 → 254 (+22)
2% more call options, than puts
Call options by funds: $803K | Put options by funds: $787K
0.92% more ownership
Funds ownership: 57.87% → 58.79% (+0.92%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
61% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$9.62M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.01M |
| 3 |
Morgan Stanley
New York
|
+$2.52M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.15M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.88M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$6.98M |
| 3 |
CI
CX Institutional
Auburn,
Indiana
|
-$6.23M |
| 4 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$2.93M |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$2.84M |
FXL Hedge Fund Activity: Q2 2025 in Review
254 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2025, worth a combined $805M — up 17% from $686M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FXL positions and 18 closed out — a net gain of 22 holders — while 38 added to existing stakes and 98 trimmed.
The largest buyer was Vestmark Advisory Solutions, adding an estimated $9.62M. The largest seller was Wells Fargo, cutting an estimated $7.88M.
- 254 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2025, up from 232 in Q1 2025.
- Funds reported $805M of First Trust Technology AlphaDEX Fund stock for Q2 2025, up 17% quarter-over-quarter.
- 40 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2025 and 18 closed out, a net change of +22 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2025 was Vestmark Advisory Solutions, an estimated $9.62M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2025 was Wells Fargo, an estimated $7.88M sold.
Based on aggregated 13F filings for Q2 2025.