First Trust Europe AlphaDEX Fund
FEP
80 hedge funds and large institutions have $194M invested in First Trust Europe AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 34 reducing their positions, and 14 closing their positions.
3.7% less ownership
Funds ownership: 60.99% → 57.29% (-3.7%)
6% less funds holding
Funds holding: 85 → 80 (-5)
7% less capital invested
Capital invested by funds: $208M → $194M (-$14.2M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
32% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$4.81M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.4M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.42M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$830K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.5M |
| 2 |
Jane Street
New York
|
-$8.97M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.07M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.38M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.99M |
FEP Hedge Fund Activity: Q2 2020 in Review
80 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2020, worth a combined $194M — down 6.8% from $208M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FEP and 10 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 23 added.
The largest buyer was Arvest Bank Trust Division, opening a new position worth an estimated $4.81M. The largest seller was Morgan Stanley, cutting an estimated $15.5M.
- 80 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2020, down from 85 in Q1 2020.
- Funds reported $194M of First Trust Europe AlphaDEX Fund stock for Q2 2020, down 6.8% quarter-over-quarter.
- 10 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2020 and 14 closed out, a net change of -4 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2020 was Arvest Bank Trust Division, an estimated $4.81M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2020 was Morgan Stanley, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2020.