First Trust Europe AlphaDEX Fund
FEP
100 hedge funds and large institutions have $167M invested in First Trust Europe AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 43 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
10% more funds holding
Funds holding: 91 → 100 (+9)
7% less capital invested
Capital invested by funds: $179M → $167M (-$12.2M)
11.36% less ownership
Funds ownership: 70.53% → 59.17% (-11%)
49% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.3M |
| 2 |
Morgan Stanley
New York
|
+$4.56M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.46M |
| 4 |
HGERS
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
|
+$711K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$33.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.46M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$991K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$939K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$805K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
101
International Assets Investment Management
Orlando,
Florida
| – | -$991K | -22,955 | Closed |
|
|
SG
102
StoneX Group
New York
| – | -$672K | -20,876 | Closed |
|
|
LCWP
103
Legacy Capital Wealth Partners
Little Rock,
Arkansas
| – | -$388K | -12,046 | Closed |
|
|
CRI
104
Colonial River Investments
Midlothian,
Virginia
| – | -$316K | -9,815 | Closed |
|
105
Mercer Global Advisors
Denver,
Colorado
| – | -$258K | -8,009 | Closed |
|
106
Cerity Partners
New York
| – | -$223K | -6,927 | Closed |
|
|
PFA
107
Pinnacle Family Advisors
Springfield,
Missouri
| – | -$212K | -6,592 | Closed |
|
|
GVAG
108
Great Valley Advisor Group
Wilmington,
Delaware
| – | -$203K | -6,305 | Closed |
|
|
HIA
109
Harbor Investment Advisory
Lutherville,
Maryland
| – | -$91.7K | -2,850 | Closed |
|
110
Rockefeller Capital Management
New York
| – | -$71K | -2,236 | Closed |
|
|
MCC
111
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$45.9K | -1,426 | Closed |
|
|
TRCT
112
Tower Research Capital (TRC)
New York
| – | -$35 | -1 | -33% |
|
FEP Hedge Fund Activity: Q1 2023 in Review
100 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2023, worth a combined $167M — down 6.8% from $179M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEP positions and 12 closed out — a net gain of 11 holders — while 22 added to existing stakes and 43 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.3M. The largest seller was Jane Street, cutting an estimated $33.4M.
- 100 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2023, up from 91 in Q4 2022.
- Funds reported $167M of First Trust Europe AlphaDEX Fund stock for Q1 2023, down 6.8% quarter-over-quarter.
- 23 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2023 and 12 closed out, a net change of +11 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2023 was Wells Fargo, an estimated $5.3M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2023 was Jane Street, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2023.