First Trust Europe AlphaDEX Fund
FEP
61 hedge funds and large institutions have $220M invested in First Trust Europe AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 8 reducing their positions, and 7 closing their positions.
263% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 8
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
61% more capital invested
Capital invested by funds: $137M → $220M (+$83.3M)
17% more funds holding
Funds holding: 52 → 61 (+9)
0.88% less ownership
Funds ownership: 50.34% → 49.46% (-0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.28M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.98M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.45M |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$3.72M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$419K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$330K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$90.7K |
| 5 |
IAS
IMA Advisory Services
Denver,
Colorado
|
-$56.4K |
FEP Hedge Fund Activity: Q2 2017 in Review
61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2017, worth a combined $220M — up 61% from $137M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEP positions and 7 closed out — a net gain of 9 holders — while 29 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.2M. The largest seller was SG Americas Securities, exiting entirely with an estimated $3.72M sold.
- 61 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2017, up from 52 in Q1 2017.
- Funds reported $220M of First Trust Europe AlphaDEX Fund stock for Q2 2017, up 61% quarter-over-quarter.
- 16 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2017 and 7 closed out, a net change of +9 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2017 was Morgan Stanley, an estimated $24.2M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2017 was SG Americas Securities, an estimated $3.72M sold.
Based on aggregated 13F filings for Q2 2017.