First Trust Europe AlphaDEX Fund
FEP
110 hedge funds and large institutions have $224M invested in First Trust Europe AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 6 closing their positions.
238% more capital inflows, than outflows
Capital inflows: $32.6M | Capital outflows: $9.6M
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
5% more funds holding
Funds holding: 105 → 110 (+5)
0.65% less ownership
Funds ownership: 65.44% → 64.79% (-0.65%)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.27M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.25M |
| 4 |
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.48M |
| 5 |
Jane Street
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.9M |
| 2 |
Flow Traders U.S.
New York
|
-$854K |
| 3 |
Private Advisory Group
Redmond,
Washington
|
-$834K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$582K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$442K |
FEP Hedge Fund Activity: Q3 2025 in Review
110 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q3 2025, worth a combined $224M — up 18% from $189M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEP positions and 6 closed out — a net gain of 6 holders — while 39 added to existing stakes and 41 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.8M. The largest seller was Wells Fargo, cutting an estimated $3.9M.
- 110 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q3 2025, up from 105 in Q2 2025.
- Funds reported $224M of First Trust Europe AlphaDEX Fund stock for Q3 2025, up 18% quarter-over-quarter.
- 12 funds opened new First Trust Europe AlphaDEX Fund positions in Q3 2025 and 6 closed out, a net change of +6 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q3 2025 was Morgan Stanley, an estimated $13.8M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q3 2025 was Wells Fargo, an estimated $3.9M sold.
Based on aggregated 13F filings for Q3 2025.