First Trust Europe AlphaDEX Fund
FEP
76 hedge funds and large institutions have $206M invested in First Trust Europe AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 36 reducing their positions, and 11 closing their positions.
6% more capital invested
Capital invested by funds: $194M → $206M (+$12.5M)
2.11% more ownership
Funds ownership: 57.29% → 59.4% (+2.1%)
5% less funds holding
Funds holding: 80 → 76 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
47% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.05M |
| 3 |
BCM
Breiter Capital Management
Bradenton,
Florida
|
+$2.68M |
| 4 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$1.64M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.76M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.48M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.63M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.79M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$779K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Rockefeller Capital Management
New York
| $6K | – | – | – |
|
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.63M | -86,313 | Closed |
|
|
FTUS
78
Flow Traders U.S.
New York
| – | -$1.79M | -58,533 | Closed |
|
|
RJT
79
Raymond James Trust
St. Petersburg,
Florida
| – | -$646K | -21,209 | Closed |
|
|
PFS
80
Prospera Financial Services
Dallas,
Texas
| – | -$230K | -7,556 | Closed |
|
|
BA
81
Ballew Advisors
Jackson,
Mississippi
| – | -$234K | -7,518 | Closed |
|
|
PAG
82
Private Advisor Group
Morristown,
New Jersey
| – | -$122K | -3,996 | Closed |
|
|
TFS
83
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$70K | -2,291 | Closed |
|
|
SF
84
Synovus Financial
Columbus,
Georgia
| – | -$21K | -705 | Closed |
|
|
FDCDDQ
85
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$12.2K | -400 | Closed |
|
|
QCG
86
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$7K | -223 | Closed |
|
87
Fidelity Investments
Boston,
Massachusetts
| – | -$5K | -152 | Closed |
|
FEP Hedge Fund Activity: Q3 2020 in Review
76 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2020, worth a combined $206M — up 6.5% from $194M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FEP and 8 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 19 added.
The largest buyer was Brinker Capital Investments, adding an estimated $7M. The largest seller was Morgan Stanley, cutting an estimated $6.76M.
- 76 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2020, down from 80 in Q2 2020.
- Funds reported $206M of First Trust Europe AlphaDEX Fund stock for Q3 2020, up 6.5% quarter-over-quarter.
- 8 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2020 and 11 closed out, a net change of -3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2020 was Brinker Capital Investments, an estimated $7M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2020 was Morgan Stanley, an estimated $6.76M sold.
Based on aggregated 13F filings for Q3 2020.