First Trust Energy AlphaDEX Fund
FXN
119 hedge funds and large institutions have $153M invested in First Trust Energy AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 49 reducing their positions, and 11 closing their positions.
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
1% more funds holding
Funds holding: 118 → 119 (+1)
1.65% less ownership
Funds ownership: 56.48% → 54.83% (-1.7%)
41% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 49
58% less capital inflows, than outflows
Capital inflows: $15.1M | Capital outflows: $35.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.12M |
| 2 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$2.31M |
| 3 |
Jane Street
New York
|
+$1.15M |
| 4 |
Quadrature Capital
London,
United Kingdom
|
+$882K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$693K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.77M |
| 2 |
Avestar Capital
New York
|
-$6.03M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.12M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.69M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.89M |
FXN Hedge Fund Activity: Q2 2025 in Review
119 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2025, worth a combined $153M — down 19% from $188M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXN positions and 11 closed out — a net gain of 1 holder — while 29 added to existing stakes and 49 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $8.12M. The largest seller was Morgan Stanley, cutting an estimated $7.77M.
- 119 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2025, up from 118 in Q1 2025.
- Funds reported $153M of First Trust Energy AlphaDEX Fund stock for Q2 2025, down 19% quarter-over-quarter.
- 12 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2025 and 11 closed out, a net change of +1 holder.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2025 was BNP Paribas Financial Markets, an estimated $8.12M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2025 was Morgan Stanley, an estimated $7.77M sold.
Based on aggregated 13F filings for Q2 2025.