First Trust Europe AlphaDEX Fund
FEP
98 hedge funds and large institutions have $170M invested in First Trust Europe AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 43 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
19% more capital invested
Capital invested by funds: $143M → $170M (+$27.6M)
12.67% more ownership
Funds ownership: 63.67% → 76.34% (+13%)
3% more funds holding
Funds holding: 95 → 98 (+3)
33% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$23.8M |
| 2 |
Jane Street
New York
|
+$2.52M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.28M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.19M |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.09M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFAS
101
Level Four Advisory Services
Dallas,
Texas
| – | -$236K | -7,162 | Closed |
|
|
AWM
102
Avior Wealth Management
Omaha,
Nebraska
| – | -$172K | -5,218 | Closed |
|
|
IAS
103
IMA Advisory Services
Denver,
Colorado
| – | -$37.6K | -1,140 | Closed |
|
|
OLVIG
104
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$23.1K | -699 | Closed |
|
|
CIA
105
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$15.6K | -472 | Closed |
|
|
WT
106
Washington Trust
Westerly,
Rhode Island
| – | -$8.09K | -245 | Closed |
|
|
GWM
107
Geneos Wealth Management
Englewood,
Colorado
| – | -$2.05K | -62 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | -$33 | -1 | Closed |
|
FEP Hedge Fund Activity: Q4 2023 in Review
98 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q4 2023, worth a combined $170M — up 19% from $143M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FEP positions and 10 closed out — a net gain of 3 holders — while 29 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.8M. The largest seller was Dunhill Financial, cutting an estimated $7.68M.
- 98 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q4 2023, up from 95 in Q3 2023.
- Funds reported $170M of First Trust Europe AlphaDEX Fund stock for Q4 2023, up 19% quarter-over-quarter.
- 13 funds opened new First Trust Europe AlphaDEX Fund positions in Q4 2023 and 10 closed out, a net change of +3 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $23.8M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q4 2023 was Dunhill Financial, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2023.