First Trust Energy AlphaDEX Fund
FXN
114 hedge funds and large institutions have $240M invested in First Trust Energy AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 51 reducing their positions, and 13 closing their positions.
57% more capital invested
Capital invested by funds: $153M → $240M (+$86.9M)
9.68% more ownership
Funds ownership: 55.13% → 64.8% (+9.7%)
3% less funds holding
Funds holding: 118 → 114 (-4)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
47% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$20.3M |
| 2 |
Morgan Stanley
New York
|
+$6.7M |
| 3 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$2.91M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$1.96M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.19M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.02M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.43M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.28M |
FXN Hedge Fund Activity: Q3 2025 in Review
114 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2025, worth a combined $240M — up 57% from $153M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXN and 10 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 27 added.
The largest buyer was Arax Advisory Partners, adding an estimated $20.3M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $7.19M.
- 114 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2025, down from 118 in Q2 2025.
- Funds reported $240M of First Trust Energy AlphaDEX Fund stock for Q3 2025, up 57% quarter-over-quarter.
- 10 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2025 and 13 closed out, a net change of -3 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q3 2025 was Arax Advisory Partners, an estimated $20.3M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q3 2025 was BNP Paribas Financial Markets, an estimated $7.19M sold.
Based on aggregated 13F filings for Q3 2025.