FIRST TR EXCHANGE-TRADED ALP (FEX) is held by 66 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is MORGAN STANLEY as of Q1 2026.

Are institutions buying or selling FEX?

In Q1 2026, 32 institutions opened or increased positions in FIRST TR EXCHANGE-TRADED ALP while 28 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FEX?

The Smart Money Verdict combines four independent sources (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for FIRST TR EXCHANGE-TRADED ALP.

How many hedge funds hold FEX?

66 institutional investors report holding FIRST TR EXCHANGE-TRADED ALP (FEX) as of Q1 2026, based on SEC 13F filings.

Is institutional money flowing into FEX?

As of Q1 2026, tracked institutions in FIRST TR EXCHANGE-TRADED ALP show 32 buyers versus 28 sellers — net inflows.

FIRST TR EXCHANGE-TRADED ALP

FEX·33734K109·US·ETF·Unknown - Unknown

Holders

Avg rating(20 Elite)

$597.6M

Total Value

53% (67)

Fund Consensus

32 buying - 28 selling

No verdict yet — fewer than 2 funds hold FEX.

13F: Mar 31, 2026Insider & Congress: Updated regularly

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
MORGAN STANLEY	Decreased	1.1M(-4.3%)	$129.2M	0.0%	+42.11%	0
LPL Financial LLC	Decreased	972,370(-2.3%)	$118.6M	0.0%	+106.79%	0
WELLS FARGO & COMPANY/MN	Increased	536,727(+6.7%)	$65.4M	0.0%	+55.62%	32
RAYMOND JAMES FINANCIAL INC	Decreased	252,319(-17.6%)	$30.8M	0.0%	+30.91%	0
BANK OF AMERICA CORP /DE/	Increased	234,821(+3.0%)	$28.6M	0.0%	+31.42%	30
COMMONWEALTH EQUITY SERVICES, LLC	Decreased	213,629(-0.1%)	$26M	0.0%	+118.93%	0
UBS Group AG	Decreased	184,334(-8.0%)	$22.5M	0.0%	+130.88%	0
ROYAL BANK OF CANADA	Decreased	155,493(-31.0%)	$19M	0.0%	+26.21%	0
TRUIST FINANCIAL CORP	Decreased	151,235(-13.8%)	$18.4M	0.0%	+110.12%	0
OSAIC HOLDINGS, INC.	Decreased	123,184(-23.8%)	$15M	0.0%	+85.42%	0
Cetera Investment Advisers	Increased	118,123(+3.0%)	$14.4M	0.0%	+68.10%	29
Private Advisor Group, LLC	Decreased	93,341(-0.0%)	$11.4M	0.1%	+107.68%	0
$US BANCORP \DE\$ US BANCORP \DE\	Decreased	61,938(-21.5%)	$7.6M	0.0%	+88.27%	0
ENVESTNET ASSET MANAGEMENT INC	Decreased	60,069(-0.4%)	$7.3M	0.0%	+76.43%	0
&PARTNERS	Increased	56,623(+0.2%)	$6.9M	0.0%	+28.23%	27
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	Increased	54,982(+1717.6%)	$6.8M	0.0%	+9.29%	44
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Decreased	53,160(-4.7%)	$6.5M	0.0%	+38.10%	0
GOLDMAN SACHS GROUP INC	Increased	46,690(+35.3%)	$5.7M	0.0%	+21.54%	35
Rockefeller Capital Management L.P.	Decreased	45,937(-1.4%)	$5.6M	0.0%	+67.40%	0
FIRST TRUST ADVISORS LP	Decreased	33,098(-30.1%)	$4M	0.0%	+51.52%	0