First Trust Europe AlphaDEX Fund
FEP
25 hedge funds and large institutions have $138M invested in First Trust Europe AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
456% more capital invested
Capital invested by funds: $24.7M → $138M (+$113M)
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
79% more funds holding
Funds holding: 14 → 25 (+11)
46.37% more ownership
Funds ownership: 41.95% → 88.32% (+46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$55.1M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$24.1M |
| 3 |
Morgan Stanley
New York
|
+$14.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.87M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$371K |
| 2 |
PI
Placemark Investments
Chicago,
Illinois
|
-$290K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$139K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$31.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$371K | -13,840 | Closed |
|
FEP Hedge Fund Activity: Q3 2013 in Review
25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2013, worth a combined $138M — up 456% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEP positions and 1 closed out — a net gain of 11 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $55.1M. The largest seller was Jane Street, exiting entirely with an estimated $371K sold.
- 25 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2013, up from 14 in Q2 2013.
- Funds reported $138M of First Trust Europe AlphaDEX Fund stock for Q3 2013, up 456% quarter-over-quarter.
- 12 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2013 and 1 closed out, a net change of +11 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2013 was F-Squared Investment Management, an estimated $55.1M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2013 was Jane Street, an estimated $371K sold.
Based on aggregated 13F filings for Q3 2013.