First Trust Europe AlphaDEX Fund
FEP
121 hedge funds and large institutions have $281M invested in First Trust Europe AlphaDEX Fund in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 4 closing their positions.
373% more capital inflows, than outflows
Capital inflows: $55.5M | Capital outflows: $11.7M
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
10% more funds holding
Funds holding: 110 → 121 (+11)
3.92% more ownership
Funds ownership: 64.79% → 68.71% (+3.9%)
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$36.5M |
| 2 |
P
&Partners
Nashville,
Tennessee
|
+$3M |
| 3 |
Morgan Stanley
New York
|
+$2.65M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.73M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.19M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$817K |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$713K |
| 5 |
Jane Street
New York
|
-$636K |
FEP Hedge Fund Activity: Q4 2025 in Review
121 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q4 2025, worth a combined $281M — up 26% from $224M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEP positions and 4 closed out — a net gain of 11 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $36.5M. The largest seller was Wells Fargo, cutting an estimated $3.73M.
- 121 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q4 2025, up from 110 in Q3 2025.
- Funds reported $281M of First Trust Europe AlphaDEX Fund stock for Q4 2025, up 26% quarter-over-quarter.
- 15 funds opened new First Trust Europe AlphaDEX Fund positions in Q4 2025 and 4 closed out, a net change of +11 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q4 2025 was First Trust Advisors, an estimated $36.5M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q4 2025 was Wells Fargo, an estimated $3.73M sold.
Based on aggregated 13F filings for Q4 2025.