First Trust Europe AlphaDEX Fund
FEP
100 hedge funds and large institutions have $486M invested in First Trust Europe AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 20 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
140% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 20
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more capital invested
Capital invested by funds: $435M → $486M (+$51.4M)
10% more funds holding
Funds holding: 91 → 100 (+9)
0.5% more ownership
Funds ownership: 52.56% → 53.05% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.5M |
| 2 |
Jane Street
New York
|
+$11.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.4M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
+$6.77M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.06M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$730K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$684K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$652K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$532K |
FEP Hedge Fund Activity: Q2 2018 in Review
100 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2018, worth a combined $486M — up 12% from $435M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FEP positions and 6 closed out — a net gain of 11 holders — while 48 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.5M. The largest seller was Bank of Nova Scotia, cutting an estimated $1.06M.
- 100 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2018, up from 91 in Q1 2018.
- Funds reported $486M of First Trust Europe AlphaDEX Fund stock for Q2 2018, up 12% quarter-over-quarter.
- 17 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2018 and 6 closed out, a net change of +11 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2018 was Morgan Stanley, an estimated $11.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2018 was Bank of Nova Scotia, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.