First Trust Europe AlphaDEX Fund
FEP
95 hedge funds and large institutions have $143M invested in First Trust Europe AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 10 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1.74% more ownership
Funds ownership: 61.94% → 63.67% (+1.7%)
1% more funds holding
Funds holding: 94 → 95 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $160M → $143M (-$16.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.3M |
| 3 |
DF
Dunhill Financial
London,
United Kingdom
|
+$1.69M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$838K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AT
Arvest Trust
Bartlesville,
Oklahoma
|
-$18.8M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$811K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$616K |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$546K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$475K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
101
Strategic Blueprint
Atlanta,
Georgia
| – | -$210K | -6,103 | Closed |
|
|
WAM
102
Walker Asset Management
Verona,
Missouri
| – | -$203K | -5,884 | Closed |
|
103
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$80.9K | -2,260 | Closed |
|
|
IGWM
104
ICA Group Wealth Management
Denver,
Colorado
| – | -$13.5K | -393 | Closed |
|
105
BlackRock
New York
| – | -$5.3K | -154 | Closed |
|
FEP Hedge Fund Activity: Q3 2023 in Review
95 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2023, worth a combined $143M — down 10% from $160M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEP positions and 10 closed out — a net gain of 1 holder — while 39 added to existing stakes and 30 trimmed.
The largest buyer was Jane Street, adding an estimated $2.55M. The largest seller was Arvest Trust, exiting entirely with an estimated $18.8M sold.
- 95 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2023, up from 94 in Q2 2023.
- Funds reported $143M of First Trust Europe AlphaDEX Fund stock for Q3 2023, down 10% quarter-over-quarter.
- 11 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2023 and 10 closed out, a net change of +1 holder.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2023 was Jane Street, an estimated $2.55M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2023 was Arvest Trust, an estimated $18.8M sold.
Based on aggregated 13F filings for Q3 2023.