First Trust Europe AlphaDEX Fund
FEP
91 hedge funds and large institutions have $283M invested in First Trust Europe AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
37% more capital invested
Capital invested by funds: $206M → $283M (+$77.2M)
20% more funds holding
Funds holding: 76 → 91 (+15)
5.18% more ownership
Funds ownership: 59.4% → 64.59% (+5.2%)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$48.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.42M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.03M |
| 4 |
Jane Street
New York
|
+$1.03M |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.14M |
| 2 |
BCM
Breiter Capital Management
Bradenton,
Florida
|
-$2.69M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.99M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$838K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$574K |
FEP Hedge Fund Activity: Q4 2020 in Review
91 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q4 2020, worth a combined $283M — up 37% from $206M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEP positions and 7 closed out — a net gain of 16 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $48.8M. The largest seller was Royal Bank of Canada, cutting an estimated $5.14M.
- 91 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q4 2020, up from 76 in Q3 2020.
- Funds reported $283M of First Trust Europe AlphaDEX Fund stock for Q4 2020, up 37% quarter-over-quarter.
- 23 funds opened new First Trust Europe AlphaDEX Fund positions in Q4 2020 and 7 closed out, a net change of +16 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q4 2020 was First Trust Advisors, an estimated $48.8M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q4 2020 was Royal Bank of Canada, an estimated $5.14M sold.
Based on aggregated 13F filings for Q4 2020.