First Trust Japan AlphaDEX Fund
FJP
27 hedge funds and large institutions have $33.7M invested in First Trust Japan AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $28.3M → $33.7M (+$5.41M)
6.71% more ownership
Funds ownership: 59.46% → 66.17% (+6.7%)
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.12M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$668K |
| 4 |
SG Americas Securities
New York
|
+$625K |
| 5 |
Morgan Stanley
New York
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.13M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$726K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$531K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$221K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
OMC
27
Old Mission Capital
Chicago,
Illinois
| – | -$531K | -11,156 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$221K | -4,636 | Closed |
|
|
FTUS
29
Flow Traders U.S.
New York
| – | -$164K | -3,444 | Closed |
|
|
FHA
30
First Horizon Advisors
Memphis,
Tennessee
| – | -$9K | -193 | Closed |
|
FJP Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2017, worth a combined $33.7M — up 19% from $28.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FJP positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $2.12M. The largest seller was Jane Street, cutting an estimated $1.13M.
- 27 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2017, up from 26 in Q4 2016.
- Funds reported $33.7M of First Trust Japan AlphaDEX Fund stock for Q1 2017, up 19% quarter-over-quarter.
- 6 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2017 was HighTower Advisors, an estimated $2.12M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2017 was Jane Street, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2017.