First Trust Japan AlphaDEX Fund
FJP
30 hedge funds and large institutions have $156M invested in First Trust Japan AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 6 closing their positions.
140% more capital invested
Capital invested by funds: $64.9M → $156M (+$90.8M)
63.2% more ownership
Funds ownership: 42.33% → 105.53% (+63%)
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
6% less funds holding
Funds holding: 32 → 30 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$92.6M |
| 2 |
SG Americas Securities
New York
|
+$1.81M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$761K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.37M |
| 2 |
Jane Street
New York
|
-$2.07M |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$833K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$516K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
First Horizon Advisors
Memphis,
Tennessee
| $8K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $7K | +$5.21K | +119 | +350% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $6K | -$6.53K | -149 | -54% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $4K | +$4.38K | +100 | New |
|
|
30
Jane Street
New York
| – | -$2.07M | -43,879 | Closed |
|
|
31
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$273K | -5,783 | Closed |
|
32
Goldman Sachs
New York
| – | -$214K | -4,541 | Closed |
|
|
TFA
33
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$38K | -800 | Closed |
|
|
JFGIW
34
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$7K | -139 | Closed |
|
|
AFP
35
Ausdal Financial Partners
Davenport,
Iowa
| – | -$6K | -130 | Closed |
|
FJP Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2016, worth a combined $156M — up 140% from $64.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FJP and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 12 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $92.6M. The largest seller was Morgan Stanley, cutting an estimated $3.37M.
- 30 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $156M of First Trust Japan AlphaDEX Fund stock for Q1 2016, up 140% quarter-over-quarter.
- 5 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2016 and 6 closed out, a net change of -1 holder.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2016 was First Trust Advisors, an estimated $92.6M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $3.37M sold.
Based on aggregated 13F filings for Q1 2016.