First Trust Europe AlphaDEX Fund
FEP
91 hedge funds and large institutions have $435M invested in First Trust Europe AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 14 reducing their positions, and 7 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 14
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more capital invested
Capital invested by funds: $353M → $435M (+$82.2M)
10% more funds holding
Funds holding: 83 → 91 (+8)
1.33% less ownership
Funds ownership: 53.89% → 52.56% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$48.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$14.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.82M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.78M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$27.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.42M |
| 3 |
Jane Street
New York
|
-$3.17M |
| 4 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$993K |
| 5 |
Renaissance Technologies
New York
|
-$475K |
FEP Hedge Fund Activity: Q1 2018 in Review
91 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2018, worth a combined $435M — up 23% from $353M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEP positions and 7 closed out — a net gain of 9 holders — while 49 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $48.4M. The largest seller was Citigroup, cutting an estimated $27.3M.
- 91 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2018, up from 83 in Q4 2017.
- Funds reported $435M of First Trust Europe AlphaDEX Fund stock for Q1 2018, up 23% quarter-over-quarter.
- 16 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2018 and 7 closed out, a net change of +9 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2018 was Morgan Stanley, an estimated $48.4M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2018 was Citigroup, an estimated $27.3M sold.
Based on aggregated 13F filings for Q1 2018.