First Trust Europe AlphaDEX Fund
FEP
101 hedge funds and large institutions have $288M invested in First Trust Europe AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
2% more funds holding
Funds holding: 99 → 101 (+2)
5.56% less ownership
Funds ownership: 66.59% → 61.03% (-5.6%)
14% less capital invested
Capital invested by funds: $335M → $288M (-$46.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.72M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$3.91M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.33M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.85M |
| 5 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$57M |
| 2 |
Morgan Stanley
New York
|
-$12M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.17M |
| 4 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$2.93M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| $3K | +$3.47K | +80 | New |
|
102
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | -$5.95K | -137 | -78% |
|
|
103
First Trust Advisors
Wheaton,
Illinois
| – | -$57M | -1,401,342 | Closed |
|
|
KWM
104
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$687K | -16,554 | Closed |
|
|
FFS
105
Founders Financial Securities
Towson,
Maryland
| – | -$251K | -6,167 | Closed |
|
|
HI
106
Horizon Investments
Charlotte,
North Carolina
| – | -$251K | -6,167 | Closed |
|
|
SFS
107
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$134K | -3,102 | Closed |
|
|
EP
108
Eudaimonia Partners
Winchester,
Tennessee
| – | -$91K | -2,245 | Closed |
|
|
WAP
109
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$38K | -930 | Closed |
|
|
CAC
110
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$9K | -219 | Closed |
|
111
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -157 | Closed |
|
|
TFA
112
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$6K | -136 | Closed |
|
FEP Hedge Fund Activity: Q2 2021 in Review
101 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2021, worth a combined $288M — down 14% from $335M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEP positions and 11 closed out — a net gain of 3 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $4.72M. The largest seller was First Trust Advisors, exiting entirely with an estimated $57M sold.
- 101 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2021, up from 99 in Q1 2021.
- Funds reported $288M of First Trust Europe AlphaDEX Fund stock for Q2 2021, down 14% quarter-over-quarter.
- 14 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2021 and 11 closed out, a net change of +3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2021 was Envestnet Asset Management, an estimated $4.72M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2021 was First Trust Advisors, an estimated $57M sold.
Based on aggregated 13F filings for Q2 2021.