First Trust Japan AlphaDEX Fund
FJP
27 hedge funds and large institutions have $46.7M invested in First Trust Japan AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
29% less funds holding
Funds holding: 38 → 27 (-11)
49.4% less ownership
Funds ownership: 81.55% → 32.14% (-49%)
63% less capital invested
Capital invested by funds: $127M → $46.7M (-$80.2M)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$7.33M |
| 2 |
Morgan Stanley
New York
|
+$4.77M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$73.9K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$73.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.33M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$3.47M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.53M |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$2.08M |
| 5 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFGIW
26
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| $6K | – | – | – |
|
|
HA
27
Hays Advisory
Franklin,
Tennessee
| – | -$9.33M | -185,936 | Closed |
|
|
SAM
28
Shamrock Asset Management
Dallas,
Texas
| – | -$3.47M | -69,111 | Closed |
|
|
RPG
29
Risk Paradigm Group
Austin,
Texas
| – | -$1.09M | -21,639 | Closed |
|
30
LPL Financial
San Diego,
California
| – | -$1.01M | -20,247 | Closed |
|
|
VAM
31
Visionary Asset Management
Houston,
Texas
| – | -$273K | -5,436 | Closed |
|
32
Stifel Financial
St. Louis,
Missouri
| – | -$258K | -5,144 | Closed |
|
|
IPC
33
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$18K | -365 | Closed |
|
|
BRWM
34
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$17K | -346 | Closed |
|
|
BCM
35
Brookstone Capital Management
Wheaton,
Illinois
| – | -$6K | -110 | Closed |
|
|
BCMIO
36
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
| – | -$5K | -91 | Closed |
|
37
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -34 | Closed |
|
FJP Hedge Fund Activity: Q3 2015 in Review
27 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q3 2015, worth a combined $46.7M — down 63% from $127M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FJP and 2 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was UBS Group, adding an estimated $7.33M. The largest seller was Hays Advisory, exiting entirely with an estimated $9.33M sold.
- 27 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q3 2015, down from 38 in Q2 2015.
- Funds reported $46.7M of First Trust Japan AlphaDEX Fund stock for Q3 2015, down 63% quarter-over-quarter.
- 2 funds opened new First Trust Japan AlphaDEX Fund positions in Q3 2015 and 11 closed out, a net change of -9 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q3 2015 was UBS Group, an estimated $7.33M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q3 2015 was Hays Advisory, an estimated $9.33M sold.
Based on aggregated 13F filings for Q3 2015.