First Trust Europe AlphaDEX Fund
FEP
54 hedge funds and large institutions have $205M invested in First Trust Europe AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 9 reducing their positions, and 7 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $186M → $205M (+$18.5M)
0.84% less ownership
Funds ownership: 52.62% → 51.78% (-0.84%)
4% less funds holding
Funds holding: 56 → 54 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.85M |
| 2 |
Jane Street
New York
|
+$5.62M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.85M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$2.26M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$803K |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$752K |
| 4 |
JP Morgan Chase
New York
|
-$616K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$375K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | +$3.09K | +96 | New |
|
|
MAA
52
Managed Account Advisors
Jersey City,
New Jersey
| $1K | -$752K | -23,361 | -100% |
|
|
FHC
53
First Heartland Consultants
Lake St. Louis,
Missouri
| $473 | -$241K | -7,479 | -33% |
|
|
BFA
54
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$803K | -25,947 | Closed |
|
|
RJFSA
55
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$328K | -10,585 | Closed |
|
|
CI
56
Clal Insurance
Tel-Aviv,
Israel
| – | -$47K | -1,501 | Closed |
|
|
RIA
57
Regal Investment Advisors
Kentwood,
Michigan
| – | -$3K | -103 | Closed |
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -88 | Closed |
|
59
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -59 | Closed |
|
|
W
60
Wealthfront
Palo Alto,
California
| – | -$1K | -30 | Closed |
|
FEP Hedge Fund Activity: Q2 2015 in Review
54 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2015, worth a combined $205M — up 10% from $186M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FEP and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $9.85M. The largest seller was American International Group, cutting an estimated $2.26M.
- 54 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2015, down from 56 in Q1 2015.
- Funds reported $205M of First Trust Europe AlphaDEX Fund stock for Q2 2015, up 10% quarter-over-quarter.
- 5 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2015 and 7 closed out, a net change of -2 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2015 was Morgan Stanley, an estimated $9.85M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2015 was American International Group, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2015.