First Trust Switzerland AlphaDEX Fund

FSZ • NASDAQ

First Trust Switzerland AlphaDEX Fund is an exchange-traded fund on NASDAQ. As of Q3 2025, 24 institutional investors hold shares in this ETF, with total holdings valued at $62.7M. FIRST TRUST ADVISORS LP is the largest holder with a position valued at $32.9M.

Overview

Overview of institutional ownership in FSZ as of Q3 2025

All Institutions

Institutions: 24
Value Held: $62.7M
Shares Held: 815.7K
Avg Position: $2.6M
Median Position: $467.5K

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in FSZ 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	$32.9M 0.02% of portfolio	428.7K shares	Q4 2022 Held for 2y 11m	$134.11B
V Vontobel Holding Ltd. Institution	-	$8.5M 0.03% of portfolio	111.1K shares	Q3 2021 Held for 4y 2m	$31.8B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$7.6M 0.00% of portfolio	99.3K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$2.8M 0.00% of portfolio	36.2K shares	Q3 2023 Held for 2y 2m	$67.9B
J JANE STREET GROUP, LLC Institution	-	$2.6M 0.00% of portfolio	34.3K shares	Q2 2014 Held for 11y 5m	$84.1B
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	$1.7M 1.22% of portfolio	21.8K shares	Q4 2021 Held for 3y 11m	$137.3M
O OLD MISSION CAPITAL LLC Institution	-	$1.5M 0.06% of portfolio	18.9K shares	Q1 2025 Held for 8 months	$2.4B
F FLOW TRADERS U.S. LLC Institution	-	$1.3M 0.06% of portfolio	16.7K shares	Q4 2024 Held for 11 months	$2.1B
SYON CAPITAL LLC RIA/Wealth	Megan S Mulloy President	$580.4K 0.03% of portfolio	7.6K shares	Q4 2023 Held for 1y 11m	$1.9B
Green Harvest Asset Management LLC Long Only Manager	Stuart Sherman Parker CEO	$544.8K 0.01% of portfolio	7.1K shares	Q4 2023 Held for 1y 11m	$6.5B

Net Capital Flow

Institutional buying and selling activity for FSZ in Q3 2025

Traded: +$9.5M
Buyers: 12
Sellers: 12
Total Bought: +$11.1M
Total Sold: −$1.6M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
FIRST TRUST ADVISORS LP ETF Provider	+$6.4M +82.9K shares	$32.9M 428.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$2.0M +26.2K shares	$2.8M 36.2K shares
J JANE STREET GROUP, LLC Institution	+$1.2M +16.0K shares	$2.6M 34.3K shares
MORGAN STANLEY RIA/Wealth	+$1.1M +14.7K shares	$7.6M 99.3K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$102.2K +1.3K shares	$512.1K 6.7K shares
F FLOW TRADERS U.S. LLC Institution	+$86.9K +1.1K shares	$1.3M 16.7K shares
A Advisory Services Network, LLC RIA/Wealth	+$59.1K +769.0 shares	$59.1K 769.0 shares
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	+$56.5K +735.0 shares	$1.7M 21.8K shares
L LPL Financial LLC Institution	+$43.4K +565.0 shares	$433.0K 5.6K shares
Transamerica Financial Advisors, Inc. Institution	+$22.7K +295.0 shares	$260.1K 3.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
HighTower Advisors, LLC RIA/Wealth	−$265.9K −3.5K shares	Sold Off 0 shares
A Advisor Group Holdings, Inc. Institution	−$254.8K −3.2K shares	$226.1K 2.9K shares
BFI Infinity Ltd. RIA/Wealth	−$251.8K −3.3K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$231.3K −3.0K shares	Sold Off 0 shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	−$227.9K −3.0K shares	Sold Off 0 shares
Green Harvest Asset Management LLC Long Only Manager	−$181.3K −2.4K shares	$544.8K 7.1K shares
SYON CAPITAL LLC RIA/Wealth	−$131.0K −1.7K shares	$580.4K 7.6K shares
V Vontobel Holding Ltd. Institution	−$14.2K −185.0 shares	$8.5M 111.1K shares
WELLS FARGO & COMPANY/MN Institution	−$6.7K −88.0 shares	Sold Off 0 shares
UBS Group AG Institution	−$5.1K −66.0 shares	$106.9K 1.4K shares

Entry and Exit Activity

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

New Positions: 0
New Value: -
Exited Positions: 5
Exited Value: $983.6K

New Positions

Institution	Position Value
No new positions found

Exited Positions

Institution	Previous Position
HighTower Advisors, LLC RIA/Wealth	$265.9K 3.5K shares
BFI Infinity Ltd. RIA/Wealth	$251.8K 3.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$231.3K 3.0K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$227.9K 3.0K shares
WELLS FARGO & COMPANY/MN Institution	$6.7K 88.0 shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 1
Put Value: $253.0K

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
BFI Infinity Ltd. RIA/Wealth	$253.0K 33.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	1.22% $1.7M	21.8K shares	Q4 2021 Held for 3y 11m	$137.3M
F FLOW TRADERS U.S. LLC Institution	-	0.06% $1.3M	16.7K shares	Q4 2024 Held for 11 months	$2.1B
O OLD MISSION CAPITAL LLC Institution	-	0.06% $1.5M	18.9K shares	Q1 2025 Held for 8 months	$2.4B
M MTM Investment Management, LLC RIA/Wealth	David Cordell Taylor CEO	0.05% $143.3K	1.9K shares	Q2 2025 Held for 5 months	$314.7M
SYON CAPITAL LLC RIA/Wealth	Megan S Mulloy President	0.03% $580.4K	7.6K shares	Q4 2023 Held for 1y 11m	$1.9B
V Vontobel Holding Ltd. Institution	-	0.03% $8.5M	111.1K shares	Q3 2021 Held for 4y 2m	$31.8B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	0.02% $32.9M	428.7K shares	Q4 2022 Held for 2y 11m	$134.11B
Transamerica Financial Advisors, Inc. Institution	Jared Corey Kushner CEO	0.02% $260.1K	3.4K shares	Q1 2018 Held for 7y 8m	$1.2B
INTL FCSTONE INC. Institution	Philip Smith CEO	0.01% $226.8K	3.0K shares	Q2 2025 Held for 5 months	$2.2B
Golden State Wealth Management, LLC RIA/Wealth	Daniel Robert Catone Managing Partner	0.01% $86.0K	1.1K shares	Q4 2024 Held for 11 months	$903.5M