First Trust Europe AlphaDEX Fund
FEP
99 hedge funds and large institutions have $335M invested in First Trust Europe AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
18% more capital invested
Capital invested by funds: $283M → $335M (+$51.5M)
9% more funds holding
Funds holding: 91 → 99 (+8)
2% more ownership
Funds ownership: 64.59% → 66.59% (+2%)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$14.5M |
| 2 |
Morgan Stanley
New York
|
+$6.24M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.65M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.1M |
| 2 |
Jane Street
New York
|
-$1.17M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$468K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$410K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$468K | -12,283 | Closed |
|
|
CWM
102
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$390K | -10,217 | Closed |
|
|
TSS
103
Two Sigma Securities
New York
| – | -$372K | -9,750 | Closed |
|
|
SS
104
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$351K | -9,206 | Closed |
|
|
RA
105
RFG Advisory
Birmingham,
Alabama
| – | -$270K | -6,754 | Closed |
|
|
FPWM
106
FSB Premier Wealth Management
Waterloo,
Iowa
| – | -$210K | -5,518 | Closed |
|
|
CAAS
107
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$4K | -100 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | +$79 | +2 | New |
|
FEP Hedge Fund Activity: Q1 2021 in Review
99 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2021, worth a combined $335M — up 18% from $283M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEP positions and 9 closed out — a net gain of 10 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Arvest Bank Trust Division, adding an estimated $14.5M. The largest seller was Brinker Capital Investments, cutting an estimated $3.1M.
- 99 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2021, up from 91 in Q4 2020.
- Funds reported $335M of First Trust Europe AlphaDEX Fund stock for Q1 2021, up 18% quarter-over-quarter.
- 19 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2021 and 9 closed out, a net change of +10 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2021 was Arvest Bank Trust Division, an estimated $14.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2021 was Brinker Capital Investments, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2021.