First Trust Japan AlphaDEX Fund
FJP
34 hedge funds and large institutions have $38.8M invested in First Trust Japan AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 3 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
7% more capital invested
Capital invested by funds: $36.3M → $38.8M (+$2.51M)
4.26% less ownership
Funds ownership: 60.35% → 56.1% (-4.3%)
6% less funds holding
Funds holding: 36 → 34 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$805K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$316K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$295K |
| 5 |
LPL Financial
San Diego,
California
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.25M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$984K |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$714K |
| 4 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$248K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $221K | +$215K | +3,993 | New |
|
|
RFWA
27
RPg Family Wealth Advisory
Burlington,
Massachusetts
| $94.4K | +$12.8K | +239 | +16% |
|
28
Citigroup
New York
| $71K | +$44.3K | +824 | +177% |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $70K | – | – | – |
|
|
AA
30
AlphaMark Advisors
Ft. Wright,
Kentucky
| $17K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $14K | – | – | – |
|
|
GRP
33
Global Retirement Partners
San Rafael,
California
| $3K | – | – | – |
|
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$984K | -18,822 | Closed |
|
|
35
Creative Planning
Overland Park,
Kansas
| – | -$107K | -2,048 | Closed |
|
|
EA
36
Edge Advisors
Atlanta,
Georgia
| – | -$5K | -99 | Closed |
|
FJP Hedge Fund Activity: Q3 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q3 2017, worth a combined $38.8M — up 6.9% from $36.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FJP and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $1.14M. The largest seller was Jane Street, cutting an estimated $1.25M.
- 34 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q3 2017, down from 36 in Q2 2017.
- Funds reported $38.8M of First Trust Japan AlphaDEX Fund stock for Q3 2017, up 6.9% quarter-over-quarter.
- 2 funds opened new First Trust Japan AlphaDEX Fund positions in Q3 2017 and 3 closed out, a net change of -1 holder.
- The largest First Trust Japan AlphaDEX Fund buyer in Q3 2017 was Morgan Stanley, an estimated $1.14M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q3 2017 was Jane Street, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2017.