First Trust Europe AlphaDEX Fund
FEP
83 hedge funds and large institutions have $353M invested in First Trust Europe AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 16 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
100% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 16
39% more capital inflows, than outflows
Capital inflows: $55.1M | Capital outflows: $39.7M
28% more funds holding
Funds holding: 65 → 83 (+18)
0.75% more ownership
Funds ownership: 53.13% → 53.89% (+0.75%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$8.7M |
| 2 |
Morgan Stanley
New York
|
+$8.07M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.28M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.2M |
| 5 |
Stephens Inc
Little Rock,
Arkansas
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$9.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.18M |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.34M |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.96M |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
-$3.44M |
FEP Hedge Fund Activity: Q4 2017 in Review
83 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q4 2017, worth a combined $353M — up 8.4% from $325M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FEP positions and 9 closed out — a net gain of 18 holders — while 32 added to existing stakes and 16 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $8.7M. The largest seller was SG Americas Securities, exiting entirely with an estimated $9.6M sold.
- 83 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q4 2017, up from 65 in Q3 2017.
- Funds reported $353M of First Trust Europe AlphaDEX Fund stock for Q4 2017, up 8.4% quarter-over-quarter.
- 27 funds opened new First Trust Europe AlphaDEX Fund positions in Q4 2017 and 9 closed out, a net change of +18 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q4 2017 was Manulife (Manufacturers Life Insurance), an estimated $8.7M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q4 2017 was SG Americas Securities, an estimated $9.6M sold.
Based on aggregated 13F filings for Q4 2017.