First Trust Europe AlphaDEX Fund
FEP
85 hedge funds and large institutions have $208M invested in First Trust Europe AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 34 reducing their positions, and 25 closing their positions.
6.72% more ownership
Funds ownership: 54.27% → 60.99% (+6.7%)
3% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 34
21% less funds holding
Funds holding: 107 → 85 (-22)
25% less capital invested
Capital invested by funds: $278M → $208M (-$69.7M)
80% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$27.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.1M |
| 3 |
Jane Street
New York
|
+$8.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$23.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.1M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.59M |
| 4 |
JSMC
Jess S. Morgan & Co
Los Angeles,
California
|
-$3.31M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HA
101
HYA Advisors
Springfield,
Missouri
| – | -$236K | -6,267 | Closed |
|
|
CA
102
Cetera Advisors
Denver,
Colorado
| – | -$235K | -6,229 | Closed |
|
|
WWM
103
Western Wealth Management
Golden,
Colorado
| – | -$232K | -6,175 | Closed |
|
|
TA
104
TFG Advisers
Auburn Hills,
Michigan
| – | -$120K | -3,211 | Closed |
|
|
CFD
105
Creative Financial Designs
Kokomo,
Indiana
| – | -$110K | -2,898 | Closed |
|
|
RIA
106
Realta Investment Advisors
Wilmington,
Delaware
| – | -$65K | -1,796 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | -$55K | -1,471 | Closed |
|
|
TI
108
tru Independence
Portland,
Oregon
| – | -$21K | -800 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
110
BlackRock
New York
| – | -$1K | -20 | Closed |
|
FEP Hedge Fund Activity: Q1 2020 in Review
85 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2020, worth a combined $208M — down 25% from $278M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FEP and 5 opened new positions — a net loss of 20 holders — while 34 trimmed existing stakes and 35 added.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $27.9M. The largest seller was Morgan Stanley, cutting an estimated $23.1M.
- 85 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2020, down from 107 in Q4 2019.
- Funds reported $208M of First Trust Europe AlphaDEX Fund stock for Q1 2020, down 25% quarter-over-quarter.
- 5 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2020 and 25 closed out, a net change of -20 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2020 was Brinker Capital Investments, an estimated $27.9M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2020 was Morgan Stanley, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2020.