First Trust Japan AlphaDEX Fund
FJP
18 hedge funds and large institutions have $24.1M invested in First Trust Japan AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 8 closing their positions.
25% less funds holding
Funds holding: 24 → 18 (-6)
29.69% less ownership
Funds ownership: 90.48% → 60.79% (-30%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
79% less capital invested
Capital invested by funds: $115M → $24.1M (-$90.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.11M |
| 2 |
SG Americas Securities
New York
|
+$356K |
| 3 |
Morgan Stanley
New York
|
+$336K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$329K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$56K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$86.3M |
| 2 |
JG
Jefferies Group
New York
|
-$1.93M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$1.03M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$792K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$536K |
FJP Hedge Fund Activity: Q3 2014 in Review
18 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q3 2014, worth a combined $24.1M — down 79% from $115M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FJP and 2 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.11M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $86.3M sold.
- 18 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q3 2014, down from 24 in Q2 2014.
- Funds reported $24.1M of First Trust Japan AlphaDEX Fund stock for Q3 2014, down 79% quarter-over-quarter.
- 2 funds opened new First Trust Japan AlphaDEX Fund positions in Q3 2014 and 8 closed out, a net change of -6 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q3 2014 was Royal Bank of Canada, an estimated $1.11M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q3 2014 was F-Squared Investment Management, an estimated $86.3M sold.
Based on aggregated 13F filings for Q3 2014.