First Trust Europe AlphaDEX Fund
FEP
99 hedge funds and large institutions have $334M invested in First Trust Europe AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
3% more funds holding
Funds holding: 96 → 99 (+3)
0.38% more ownership
Funds ownership: 53.14% → 53.52% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
37% less capital inflows, than outflows
Capital inflows: $26.3M | Capital outflows: $41.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$8.18M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.34M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.22M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$1.57M |
| 5 |
BCM
Breiter Capital Management
Bradenton,
Florida
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.45M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.38M |
| 4 |
SG Americas Securities
New York
|
-$4.03M |
| 5 |
Vishria Bird Financial Group
Memphis,
Tennessee
|
-$3.98M |
FEP Hedge Fund Activity: Q1 2019 in Review
99 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q1 2019, worth a combined $334M — up 6.6% from $314M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FEP positions and 16 closed out — a net gain of 5 holders — while 28 added to existing stakes and 35 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $8.18M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $10.2M sold.
- 99 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q1 2019, up from 96 in Q4 2018.
- Funds reported $334M of First Trust Europe AlphaDEX Fund stock for Q1 2019, up 6.6% quarter-over-quarter.
- 21 funds opened new First Trust Europe AlphaDEX Fund positions in Q1 2019 and 16 closed out, a net change of +5 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q1 2019 was Bank of Nova Scotia, an estimated $8.18M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q1 2019 was Susquehanna International Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2019.