First Trust Europe AlphaDEX Fund
FEP
60 hedge funds and large institutions have $686M invested in First Trust Europe AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 7 reducing their positions, and 1 closing their positions.
1,800% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 1
357% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more funds holding
Funds holding: 42 → 60 (+18)
27% more capital invested
Capital invested by funds: $541M → $686M (+$145M)
1.43% less ownership
Funds ownership: 76.4% → 74.98% (-1.4%)
Top Buyers
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$42.5M |
| 2 |
Morgan Stanley
New York
|
+$29.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$13.6M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$10.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
51
Private Trust Company
Cleveland,
Ohio
| $161K | – | – | – |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $52K | +$3.53K | +100 | +7% |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $51K | +$51.7K | +1,464 | New |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $50K | +$56.5K | +1,600 | New |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $24K | +$24.5K | +694 | New |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $17K | +$17.1K | +483 | New |
|
57
Creative Planning
Overland Park,
Kansas
| $15K | -$742K | -21,012 | -98% |
|
58
Federated Hermes
Pittsburgh,
Pennsylvania
| $14K | +$14.1K | +400 | New |
|
|
FNBT
59
FineMark National Bank & Trust
Fort Myers,
Florida
| $6K | – | – | – |
|
|
WA
60
WFG Advisors
Dallas,
Texas
| $6K | +$6K | +170 | New |
|
|
SMM
61
Stadion Money Management
Watkinsville,
Georgia
| – | -$2.7M | -75,322 | Closed |
|
FEP Hedge Fund Activity: Q2 2014 in Review
60 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2014, worth a combined $686M — up 27% from $541M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEP positions and 1 closed out — a net gain of 18 holders — while 32 added to existing stakes and 7 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $42.5M. The largest seller was Stadion Money Management, exiting entirely with an estimated $2.7M sold.
- 60 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2014, up from 42 in Q1 2014.
- Funds reported $686M of First Trust Europe AlphaDEX Fund stock for Q2 2014, up 27% quarter-over-quarter.
- 19 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2014 and 1 closed out, a net change of +18 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2014 was F-Squared Investment Management, an estimated $42.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2014 was Stadion Money Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2014.