First Trust Europe AlphaDEX Fund
FEP
100 hedge funds and large institutions have $321M invested in First Trust Europe AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 39 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
1% more funds holding
Funds holding: 99 → 100 (+1)
0.68% more ownership
Funds ownership: 53.52% → 54.2% (+0.68%)
4% less capital invested
Capital invested by funds: $334M → $321M (-$13M)
15% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 39
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.08M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.24M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.65M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.04M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$3.32M |
| 5 |
Jane Street
New York
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AT
101
Arden Trust
Wilmington,
Delaware
| – | -$1.05M | -30,182 | Closed |
|
|
AIC
102
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$434K | -12,464 | Closed |
|
103
Bank of New York Mellon
New York
| – | -$289K | -8,316 | Closed |
|
|
FAM
104
Formidable Asset Management
Cincinnati,
Ohio
| – | -$245K | -7,325 | Closed |
|
|
KWM
105
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$225K | -6,468 | Closed |
|
|
ASN
106
Advisory Services Network
Atlanta,
Georgia
| – | -$52K | -1,503 | Closed |
|
|
SWM
107
SeaCrest Wealth Management
Purchase,
New York
| – | -$16K | -472 | Closed |
|
|
IWP
108
Icon Wealth Partners
Houston,
Texas
| – | -$6K | -159 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | -$5K | -151 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$1K | -31 | Closed |
|
FEP Hedge Fund Activity: Q2 2019 in Review
100 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2019, worth a combined $321M — down 3.9% from $334M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEP positions and 11 closed out — a net gain of 3 holders — while 33 added to existing stakes and 39 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $6.08M. The largest seller was Morgan Stanley, cutting an estimated $13M.
- 100 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2019, up from 99 in Q1 2019.
- Funds reported $321M of First Trust Europe AlphaDEX Fund stock for Q2 2019, down 3.9% quarter-over-quarter.
- 14 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2019 and 11 closed out, a net change of +3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2019 was Thrivent Financial for Lutherans, an estimated $6.08M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2019 was Morgan Stanley, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2019.