First Trust Europe AlphaDEX Fund
FEP
52 hedge funds and large institutions have $137M invested in First Trust Europe AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0% less capital invested
Capital invested by funds: $137M → $137M (-$591K)
4.97% less ownership
Funds ownership: 55.31% → 50.34% (-5%)
7% less funds holding
Funds holding: 56 → 52 (-4)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.8M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$2.56M |
| 3 |
SG Americas Securities
New York
|
+$1.2M |
| 4 |
Morgan Stanley
New York
|
+$942K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$12.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.25M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$802K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$615K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$491K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$3.08K | +100 | New |
|
|
52
Citadel Advisors
Miami,
Florida
| – | -$9.25M | -316,707 | Closed |
|
|
GC
53
Guggenheim Capital
Chicago,
Illinois
| – | -$467K | -15,981 | Closed |
|
|
FTUS
54
Flow Traders U.S.
New York
| – | -$347K | -11,878 | Closed |
|
|
YMRC
55
Yorktown Management & Research Company
Forest,
Virginia
| – | -$263K | -9,000 | Closed |
|
56
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$244K | -8,358 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$144K | -4,918 | Closed |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$33K | -1,134 | Closed |
|
|
GWM
59
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -190 | Closed |
|
60
AssetMark Inc
Concord,
California
| – | -$2K | -60 | Closed |
|
FEP Hedge Fund Activity: Q1 2017 in Review
52 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2017, worth a combined $137M — down 0.43% from $137M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEP and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was Wells Fargo, adding an estimated $6.8M. The largest seller was UBS Group, cutting an estimated $12.4M.
- 52 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2017, down from 56 in Q4 2016.
- Funds reported $137M of First Trust Europe AlphaDEX Fund stock for Q1 2017, down 0.43% quarter-over-quarter.
- 6 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2017 and 9 closed out, a net change of -3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2017 was Wells Fargo, an estimated $6.8M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2017 was UBS Group, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2017.