First Trust Europe AlphaDEX Fund
FEP
96 hedge funds and large institutions have $314M invested in First Trust Europe AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 43 reducing their positions, and 22 closing their positions.
3.78% more ownership
Funds ownership: 49.36% → 53.14% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
3% less funds holding
Funds holding: 99 → 96 (-3)
30% less capital invested
Capital invested by funds: $446M → $314M (-$133M)
44% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$9.37M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.28M |
| 5 |
Jane Street
New York
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$24.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.68M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.77M |
FEP Hedge Fund Activity: Q4 2018 in Review
96 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q4 2018, worth a combined $314M — down 30% from $446M a quarter earlier.
Fund positioning in FEP was balanced in Q4 2018: 22 funds opened new positions, 22 closed out, 24 added to existing stakes and 43 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $34.4M.
- 96 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q4 2018, down from 99 in Q3 2018.
- Funds reported $314M of First Trust Europe AlphaDEX Fund stock for Q4 2018, down 30% quarter-over-quarter.
- 22 funds opened new First Trust Europe AlphaDEX Fund positions in Q4 2018 and 22 closed out, a net change of 0 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $10.8M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q4 2018 was Morgan Stanley, an estimated $34.4M sold.
Based on aggregated 13F filings for Q4 2018.