First Trust Europe AlphaDEX Fund
FEP
58 hedge funds and large institutions have $190M invested in First Trust Europe AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
12% more funds holding
Funds holding: 52 → 58 (+6)
10.63% less ownership
Funds ownership: 60.2% → 49.57% (-11%)
19% less capital invested
Capital invested by funds: $236M → $190M (-$45.3M)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.65M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.26M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$957K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$676K |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.4M |
| 2 |
AIG
American International Group
New York
|
-$9.68M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.38M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $119K | +$38.7K | +1,406 | +52% |
|
|
BWA
52
Burt Wealth Advisors
North Bethesda,
Maryland
| $25K | – | – | – |
|
53
US Bancorp
Minneapolis,
Minnesota
| $18K | -$17.4K | -631 | -51% |
|
54
Creative Planning
Overland Park,
Kansas
| $10K | +$9.78K | +355 | New |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | +$4.57K | +166 | New |
|
|
GWM
56
Geneos Wealth Management
Englewood,
Colorado
| $5K | +$5.24K | +190 | New |
|
|
UCFA
57
United Capital Financial Advisors
Irving,
Texas
| – | -$680K | -22,971 | Closed |
|
|
HPC
58
HM Payson & Co
Portland,
Maine
| – | -$218K | -7,370 | Closed |
|
|
GBT
59
Grove Bank & Trust
Miami,
Florida
| – | -$36K | -1,200 | Closed |
|
|
BFEC
60
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$35K | -1,180 | Closed |
|
|
AFP
61
Ausdal Financial Partners
Davenport,
Iowa
| – | -$8K | -255 | Closed |
|
|
JFGIW
62
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$7K | -245 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | +$83 | +3 | New |
|
FEP Hedge Fund Activity: Q1 2016 in Review
58 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2016, worth a combined $190M — down 19% from $236M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEP positions and 6 closed out — a net gain of 6 holders — while 14 added to existing stakes and 24 trimmed.
The largest buyer was Jane Street, adding an estimated $2.65M. The largest seller was Morgan Stanley, cutting an estimated $27.4M.
- 58 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2016, up from 52 in Q4 2015.
- Funds reported $190M of First Trust Europe AlphaDEX Fund stock for Q1 2016, down 19% quarter-over-quarter.
- 12 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2016 and 6 closed out, a net change of +6 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2016 was Jane Street, an estimated $2.65M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $27.4M sold.
Based on aggregated 13F filings for Q1 2016.