First Trust Japan AlphaDEX Fund
FJP
20 hedge funds and large institutions have $90.2M invested in First Trust Japan AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
11% more funds holding
Funds holding: 18 → 20 (+2)
3% less capital invested
Capital invested by funds: $93.1M → $90.2M (-$2.99M)
21.42% less ownership
Funds ownership: 110.96% → 89.54% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$67.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.52M |
| 3 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$2.67M |
| 4 |
Jane Street
New York
|
+$2.5M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$805K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$62.1M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.22M |
| 3 |
Morgan Stanley
New York
|
-$4.95M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1.05M |
| 5 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$570K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| – | -$8K | -166 | Closed |
|
FJP Hedge Fund Activity: Q1 2014 in Review
20 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2014, worth a combined $90.2M — down 3.2% from $93.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FJP positions and 6 closed out — a net gain of 2 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Jefferies Group, opening a new position worth an estimated $67.3M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $62.1M sold.
- 20 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2014, up from 18 in Q4 2013.
- Funds reported $90.2M of First Trust Japan AlphaDEX Fund stock for Q1 2014, down 3.2% quarter-over-quarter.
- 8 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2014 and 6 closed out, a net change of +2 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2014 was Jefferies Group, an estimated $67.3M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2014 was F-Squared Investment Management, an estimated $62.1M sold.
Based on aggregated 13F filings for Q1 2014.