First Trust Europe AlphaDEX Fund
FEP
98 hedge funds and large institutions have $148M invested in First Trust Europe AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 44 reducing their positions, and 14 closing their positions.
31% more capital invested
Capital invested by funds: $113M → $148M (+$34.8M)
4.52% more ownership
Funds ownership: 61.36% → 65.88% (+4.5%)
7% less funds holding
Funds holding: 105 → 98 (-7)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
41% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$8.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.08M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.16M |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$2.28M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.51M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$1.4M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$907K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$806K |
FEP Hedge Fund Activity: Q1 2025 in Review
98 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2025, worth a combined $148M — up 31% from $113M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FEP and 11 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 26 added.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $8.5M. The largest seller was Susquehanna International Group, cutting an estimated $1.51M.
- 98 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2025, down from 105 in Q4 2024.
- Funds reported $148M of First Trust Europe AlphaDEX Fund stock for Q1 2025, up 31% quarter-over-quarter.
- 11 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2025 and 14 closed out, a net change of -3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $8.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2025 was Susquehanna International Group, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2025.