First Trust Europe AlphaDEX Fund
FEP
137 hedge funds and large institutions have $361M invested in First Trust Europe AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 40 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
38% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 40
6% more capital invested
Capital invested by funds: $339M → $361M (+$21.9M)
5% more funds holding
Funds holding: 131 → 137 (+6)
2.44% more ownership
Funds ownership: 69.33% → 71.77% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$11.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.5M |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.67M |
| 5 |
DF
Dunhill Financial
London,
United Kingdom
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.67M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$3.05M |
| 3 |
HF
HRT Financial
New York
|
-$1.39M |
| 4 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$1.03M |
| 5 |
PEWA
Pacific Excel Wealth Advisors
Walnut Creek,
California
|
-$653K |
FEP Hedge Fund Activity: Q2 2026 in Review
137 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in First Trust Europe AlphaDEX Fund (FEP) for Q2 2026, worth a combined $361M — up 6.4% from $339M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FEP positions and 10 closed out — a net gain of 11 holders — while 55 added to existing stakes and 40 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $11.6M. The largest seller was Jane Street, exiting entirely with an estimated $9.67M sold.
- 137 institutional investors held First Trust Europe AlphaDEX Fund (FEP) as of Q2 2026, up from 131 in Q1 2026.
- Funds reported $361M of First Trust Europe AlphaDEX Fund stock for Q2 2026, up 6.4% quarter-over-quarter.
- 21 funds opened new First Trust Europe AlphaDEX Fund positions in Q2 2026 and 10 closed out, a net change of +11 holders.
- The largest First Trust Europe AlphaDEX Fund buyer in Q2 2026 was Bank of Nova Scotia, an estimated $11.6M added.
- The largest First Trust Europe AlphaDEX Fund seller in Q2 2026 was Jane Street, an estimated $9.67M sold.
Based on aggregated 13F filings for Q2 2026.