First Trust Europe AlphaDEX Fund
FEP
49 hedge funds and large institutions have $198M invested in First Trust Europe AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 8 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
0.98% more ownership
Funds ownership: 51.78% → 52.75% (+0.98%)
4% less capital invested
Capital invested by funds: $205M → $198M (-$7.22M)
9% less funds holding
Funds holding: 54 → 49 (-5)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.79M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.87M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.79M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.32M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.15M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.06M |
| 4 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$1.06M |
| 5 |
JP Morgan Chase
New York
|
-$873K |
FEP Hedge Fund Activity: Q3 2015 in Review
49 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2015, worth a combined $198M — down 3.5% from $205M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FEP and 4 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $8.3M. The largest seller was Jane Street, cutting an estimated $2.32M.
- 49 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2015, down from 54 in Q2 2015.
- Funds reported $198M of First Trust Europe AlphaDEX Fund stock for Q3 2015, down 3.5% quarter-over-quarter.
- 4 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2015 and 8 closed out, a net change of -4 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2015 was Morgan Stanley, an estimated $8.3M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2015 was Jane Street, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2015.