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First Trust Europe AlphaDEX Fund

60 hedge funds and large institutions have $686M invested in First Trust Europe AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,800% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 1

357% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 7

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

43% more funds holding

Funds holding: 4260 (+18)

27% more capital invested

Capital invested by funds: $541M → $686M (+$145M)

1.43% less ownership

Funds ownership: 76.4%74.98% (-1.4%)

Holders
60
Holders Change
+18
Holders Change %
+42.86%
% of All Funds
1.72%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
19
Increased
32
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FSIM
1
F-Squared Investment Management
Massachusetts
$264M +$42.5M +1,203,719 +19%
Morgan Stanley
2
Morgan Stanley
New York
$162M +$29.1M +822,849 +21%
U
3
UBS
Switzerland
$60.7M +$13.6M +385,447 +28%
Wells Fargo
4
Wells Fargo
California
$42.1M +$14.4M +407,500 +51%
Bank of America
5
Bank of America
North Carolina
$28.6M +$5.89M +166,661 +25%
RJA
6
Raymond James & Associates
Florida
$16.4M +$1.43M +40,486 +9%
BTS
7
BB&T Securities
Virginia
$12.6M +$806K +22,820 +168%
LPL Financial
8
LPL Financial
California
$11M +$4.09M +115,764 +58%
BAAM
9
Baker Avenue Asset Management
California
$10.4M +$10.6M +301,013 New
SAM
10
Stringer Asset Management
Tennessee
$9.61M +$1.08M +30,617 +12%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$6.1M +$4.25M +120,211 +216%
AW
12
ACG Wealth
Georgia
$5.95M +$539K +15,270 +10%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$5.63M +$2.87M +81,264 +100%
B
14
Baird
Wisconsin
$4.42M +$4.3M +121,822 +2,140%
BFA
15
Beaumont Financial Advisors
Massachusetts
$3.66M +$3.73M +105,501 New
MFS
16
MSI Financial Services
Massachusetts
$2.79M +$2.81M +79,637 +11,886%
IAS
17
IMA Advisory Services
Colorado
$2.6M +$2.65M +74,920 New
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$2.52M +$375K +10,616 +17%
PI
19
Placemark Investments
Illinois
$2.47M +$431K +12,199 +21%
Ameriprise
20
Ameriprise
Minnesota
$2.29M +$955K +27,045 +129%
CA
21
Cetera Advisors
Colorado
$2.07M +$2.11M +59,606 New
JP Morgan Chase
22
JP Morgan Chase
New York
$2.05M -$3.46K -98 -0.2%
Stifel Financial
23
Stifel Financial
Missouri
$2.03M +$2.07M +58,505 New
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$1.96M +$762K +21,561 +62%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.93M -$114K -3,215 -5%

FEP Hedge Fund Activity: Q2 2014 in Review

60 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2014, worth a combined $686M — up 27% from $541M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FEP positions and 1 closed out — a net gain of 18 holders — while 32 added to existing stakes and 7 trimmed.

The largest buyer was F-Squared Investment Management, adding an estimated $42.5M. The largest seller was Stadion Money Management, exiting entirely with an estimated $2.7M sold.

  • 60 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2014, up from 42 in Q1 2014.
  • Funds reported $686M of First Trust Europe AlphaDEX Fund stock for Q2 2014, up 27% quarter-over-quarter.
  • 19 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2014 and 1 closed out, a net change of +18 holders.
  • The largest First Trust Europe AlphaDEX Fund buyer in Q2 2014 was F-Squared Investment Management, an estimated $42.5M added.
  • The largest First Trust Europe AlphaDEX Fund seller in Q2 2014 was Stadion Money Management, an estimated $2.7M sold.

Based on aggregated 13F filings for Q2 2014.