First Trust Germany AlphaDEX Fund

FGM • NASDAQ

First Trust Germany AlphaDEX Fund is an exchange-traded fund on NASDAQ. As of Q3 2025, 22 institutional investors hold shares in this ETF, with total holdings valued at $54.4M. FIRST TRUST ADVISORS LP is the largest holder with a position valued at $34.9M.

Overview

Overview of institutional ownership in FGM as of Q3 2025

All Institutions

Institutions: 22
Value Held: $54.4M
Shares Held: 925.9K
Avg Position: $2.5M
Median Position: $451.0K

Hedge Funds

Hedge Funds: 1
Value Held: $598.7K
Shares Held: 10.2K
Avg Position: $598.7K
Median Position: $598.7K

Biggest Investors

Institutions with the largest positions in FGM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$34.9M 0.03% of portfolio	593.5K shares	Q2 2025 Held for 5 months	$134.11B
Kestra Advisory Services, LLC RIA/Wealth	John Vincent Amore President	$3.2M 0.01% of portfolio	54.2K shares	Q3 2025 Held for 2 months	$21.7B
MEITAV DASH INVESTMENTS LTD RIA/Wealth	Jonathan Dash President	$3.1M 0.04% of portfolio	52.0K shares	Q4 2021 Held for 3y 11m	$7.2B
A Arlington Capital Management, Inc. Institution	-	$3.0M 1.96% of portfolio	51.7K shares	Q3 2025 Held for 2 months	$155.3M
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$2.3M 0.00% of portfolio	39.1K shares	≤ Q2 2013 Held for 12y 5m+	$67.9B
G GTS SECURITIES LLC Institution	-	$1.9M 0.08% of portfolio	32.6K shares	Q1 2024 Held for 1y 8m	$2.5B
J JANE STREET GROUP, LLC Institution	-	$1.5M 0.00% of portfolio	25.8K shares	Q1 2014 Held for 11y 8m	$84.1B
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	$932.9K 0.68% of portfolio	15.9K shares	Q4 2021 Held for 3y 11m	$137.3M
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$753.2K 0.00% of portfolio	12.8K shares	Q2 2025 Held for 5 months	$310.43B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$598.7K 0.00% of portfolio	10.2K shares	Q2 2025 Held for 5 months	$122.08B

Net Capital Flow

Institutional buying and selling activity for FGM in Q3 2025

Traded: +$8.3M
Buyers: 10
Sellers: 11
Total Bought: +$14.0M
Total Sold: −$5.6M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
FIRST TRUST ADVISORS LP ETF Provider	+$6.8M +114.9K shares	$34.9M 593.5K shares
Kestra Advisory Services, LLC RIA/Wealth	+$3.2M +54.2K shares	$3.2M 54.2K shares
A Arlington Capital Management, Inc. Institution	+$3.0M +51.7K shares	$3.0M 51.7K shares
J JANE STREET GROUP, LLC Institution	+$631.1K +10.7K shares	$1.5M 25.8K shares
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	+$155.0K +2.6K shares	$932.9K 15.9K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$100.1K +1.7K shares	$753.2K 12.8K shares
A Advisory Services Network, LLC RIA/Wealth	+$56.9K +967.0 shares	$56.9K 967.0 shares
Transamerica Financial Advisors, Inc. Institution	+$25.2K +429.0 shares	$275.4K 4.7K shares
T Tower Research Capital LLC Institution	+$5.9K +100.0 shares	$5.9K 100.0 shares
PRINCIPAL SECURITIES, INC. RIA/Wealth	+$3.1K +53.0 shares	$3.1K 53.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
MORGAN STANLEY RIA/Wealth	−$1.6M −27.4K shares	$339.3K 5.8K shares
P Private Advisory Group LLC RIA/Wealth	−$1.1M −20.1K shares	Sold Off 0 shares
F FLOW TRADERS U.S. LLC Institution	−$941.3K −16.0K shares	$562.8K 9.6K shares
G GTS SECURITIES LLC Institution	−$668.6K −11.4K shares	$1.9M 32.6K shares
Financial Advocates Investment Management RIA/Wealth	−$613.3K −10.9K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$334.3K −5.7K shares	$2.3M 39.1K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	−$182.9K −3.2K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$131.9K −2.2K shares	$598.7K 10.2K shares
Golden State Wealth Management, LLC RIA/Wealth	−$15.6K −265.0 shares	$71.4K 1.2K shares
A Advisor Group Holdings, Inc. Institution	−$14.6K −255.0 shares	$322.9K 5.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FGM in Q3 2025

New Positions: 3
New Value: $6.2M
Exited Positions: 3
Exited Value: $1.9M

New Positions

Institution	Position Value
Kestra Advisory Services, LLC RIA/Wealth	$3.2M 54.2K shares
A Arlington Capital Management, Inc. Institution	$3.0M 51.7K shares
PRINCIPAL SECURITIES, INC. RIA/Wealth	$3.1K 53.0 shares

Exited Positions

Institution	Previous Position
P Private Advisory Group LLC RIA/Wealth	$1.1M 20.1K shares
Financial Advocates Investment Management RIA/Wealth	$613.3K 10.9K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	$182.9K 3.2K shares

Options Activity

Institutions with the largest Call and Put options positions in FGM as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FGM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A Arlington Capital Management, Inc. Institution	-	1.96% $3.0M	51.7K shares	Q3 2025 Held for 2 months	$155.3M
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	0.68% $932.9K	15.9K shares	Q4 2021 Held for 3y 11m	$137.3M
G GTS SECURITIES LLC Institution	-	0.08% $1.9M	32.6K shares	Q1 2024 Held for 1y 8m	$2.5B
MEITAV DASH INVESTMENTS LTD RIA/Wealth	Jonathan Dash President	0.04% $3.1M	52.0K shares	Q4 2021 Held for 3y 11m	$7.2B
F FLOW TRADERS U.S. LLC Institution	-	0.03% $562.8K	9.6K shares	Q1 2025 Held for 8 months	$2.1B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	0.03% $34.9M	593.5K shares	Q2 2025 Held for 5 months	$134.11B
Transamerica Financial Advisors, Inc. Institution	Jared Corey Kushner CEO	0.02% $275.4K	4.7K shares	Q1 2018 Held for 7y 8m	$1.2B
Kestra Advisory Services, LLC RIA/Wealth	John Vincent Amore President	0.01% $3.2M	54.2K shares	Q3 2025 Held for 2 months	$21.7B
INTL FCSTONE INC. Institution	Philip Smith CEO	0.01% $260.5K	4.4K shares	Q2 2025 Held for 5 months	$2.2B
Golden State Wealth Management, LLC RIA/Wealth	Daniel Robert Catone Managing Partner	0.01% $71.4K	1.2K shares	Q4 2024 Held for 11 months	$903.5M

Hedge Fund Spotlight

Discover hedge funds investing in FGM

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in First Trust Germany AlphaDEX Fund

Market Value: $598.7K
Shares Held: 10.2K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%