First Trust Europe AlphaDEX Fund
FEP
42 hedge funds and large institutions have $536M invested in First Trust Europe AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 1 reducing their positions, and 5 closing their positions.
2,400% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 1
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
62% more capital invested
Capital invested by funds: $331M → $536M (+$205M)
27% more funds holding
Funds holding: 33 → 42 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.43% less ownership
Funds ownership: 81.83% → 76.4% (-5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$60.4M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$31.7M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$30.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$17.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.89M |
| 2 |
DAM
Deltec Asset Management
New York
|
-$669K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$299K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$249K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$23K |
FEP Hedge Fund Activity: Q1 2014 in Review
42 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2014, worth a combined $536M — up 62% from $331M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEP positions and 5 closed out — a net gain of 9 holders — while 25 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $60.4M. The largest seller was Hays Advisory, exiting entirely with an estimated $9.89M sold.
- 42 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2014, up from 33 in Q4 2013.
- Funds reported $536M of First Trust Europe AlphaDEX Fund stock for Q1 2014, up 62% quarter-over-quarter.
- 14 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2014 and 5 closed out, a net change of +9 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $60.4M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2014 was Hays Advisory, an estimated $9.89M sold.
Based on aggregated 13F filings for Q1 2014.