First Trust Europe AlphaDEX Fund
FEP
91 hedge funds and large institutions have $279M invested in First Trust Europe AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 47 reducing their positions, and 16 closing their positions.
0.37% less ownership
Funds ownership: 54.2% → 53.83% (-0.37%)
9% less funds holding
Funds holding: 100 → 91 (-9)
13% less capital invested
Capital invested by funds: $321M → $279M (-$41.9M)
55% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 47
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.28M |
| 2 |
Jane Street
New York
|
+$3.48M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$576K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$446K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$262K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$10.9M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$8.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.82M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.12M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIG
101
Zurich Insurance Group
Zurich,
Switzerland
| – | -$60K | -1,698 | Closed |
|
|
CWA
102
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$35K | -1,000 | Closed |
|
103
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$34K | -986 | Closed |
|
|
VFA
104
Valeo Financial Advisors
Carmel,
Indiana
| – | -$4K | -100 | Closed |
|
|
AAP
105
Arax Advisory Partners
Denver,
Colorado
| – | -$2K | -43 | Closed |
|
|
BCMIO
106
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
| – | -$1K | -15 | Closed |
|
FEP Hedge Fund Activity: Q3 2019 in Review
91 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2019, worth a combined $279M — down 13% from $321M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FEP and 7 opened new positions — a net loss of 9 holders — while 47 trimmed existing stakes and 21 added.
The largest buyer was Susquehanna International Group, adding an estimated $7.28M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.
- 91 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2019, down from 100 in Q2 2019.
- Funds reported $279M of First Trust Europe AlphaDEX Fund stock for Q3 2019, down 13% quarter-over-quarter.
- 7 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2019 and 16 closed out, a net change of -9 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2019 was Susquehanna International Group, an estimated $7.28M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2019 was Morgan Stanley, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2019.