First Trust Europe AlphaDEX Fund
FEP
130 hedge funds and large institutions have $339M invested in First Trust Europe AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
21% more capital invested
Capital invested by funds: $281M → $339M (+$57.7M)
17% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 42
7% more funds holding
Funds holding: 121 → 130 (+9)
0.59% more ownership
Funds ownership: 68.71% → 69.3% (+0.59%)
Top Buyers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.9M |
| 2 |
Jane Street
New York
|
+$9.04M |
| 3 |
P
&Partners
Nashville,
Tennessee
|
+$4.53M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.38M |
| 5 |
DF
Dunhill Financial
London,
United Kingdom
|
+$4.02M |
Top Sellers
FEP Hedge Fund Activity: Q1 2026 in Review
130 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2026, worth a combined $339M — up 21% from $281M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEP positions and 9 closed out — a net gain of 14 holders — while 49 added to existing stakes and 42 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $20.9M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $5.68M.
- 130 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2026, up from 121 in Q4 2025.
- Funds reported $339M of First Trust Europe AlphaDEX Fund stock for Q1 2026, up 21% quarter-over-quarter.
- 23 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2026 and 9 closed out, a net change of +14 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2026 was First Trust Advisors, an estimated $20.9M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2026.