First Trust Europe AlphaDEX Fund
FEP
101 hedge funds and large institutions have $497M invested in First Trust Europe AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 20 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
140% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 20
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $435M → $497M (+$62.2M)
11% more funds holding
Funds holding: 91 → 101 (+10)
2.21% more ownership
Funds ownership: 52.56% → 54.77% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$16.5M |
| 2 |
Morgan Stanley
New York
|
+$11.5M |
| 3 |
Jane Street
New York
|
+$11.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.4M |
| 5 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.06M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$730K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$684K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$652K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$532K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Renaissance Technologies
New York
| – | -$345K | -8,700 | Closed |
|
|
BRWA
102
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$229K | -5,760 | Closed |
|
|
IWM
103
IHT Wealth Management
Chicago,
Illinois
| – | -$173K | -4,414 | Closed |
|
|
RFWA
104
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$54.9K | -1,385 | Closed |
|
|
CCA
105
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$1K | -24 | Closed |
|
FEP Hedge Fund Activity: Q2 2018 in Review
101 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2018, worth a combined $497M — up 14% from $435M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FEP positions and 6 closed out — a net gain of 12 holders — while 48 added to existing stakes and 20 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $16.5M. The largest seller was Bank of Nova Scotia, cutting an estimated $1.06M.
- 101 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2018, up from 91 in Q1 2018.
- Funds reported $497M of First Trust Europe AlphaDEX Fund stock for Q2 2018, up 14% quarter-over-quarter.
- 18 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2018 and 6 closed out, a net change of +12 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $16.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2018 was Bank of Nova Scotia, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.