First Trust Japan AlphaDEX Fund
FJP
30 hedge funds and large institutions have $34.7M invested in First Trust Japan AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 7 closing their positions.
3.55% more ownership
Funds ownership: 67.98% → 71.53% (+3.6%)
19% less funds holding
Funds holding: 37 → 30 (-7)
32% less capital invested
Capital invested by funds: $51.3M → $34.7M (-$16.6M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.54M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.36M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$92.8K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$76.5K |
| 5 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$31.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.86M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2.15M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.54M |
| 4 |
Jane Street
New York
|
-$1.23M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$697K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
AIC
27
Ameritas Investment Company
Lincoln,
Nebraska
| $6K | +$7.37K | +160 | New |
|
|
FGAM
28
Financial Gravity Asset Management
Lakeway,
Texas
| $3.25K | -$4.14K | -90 | -53% |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $3K | -$13.5K | -294 | -79% |
|
|
30
HighTower Advisors
Chicago,
Illinois
| – | -$2.15M | -42,667 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$697K | -13,731 | Closed |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$376K | -7,468 | Closed |
|
|
SG
33
StoneX Group
New York
| – | -$226K | -4,487 | Closed |
|
|
WQ
34
Wealth Quarterback
Toms River,
New Jersey
| – | -$27 | -1,298 | Closed |
|
|
RIA
35
Realta Investment Advisors
Wilmington,
Delaware
| – | -$6K | -138 | Closed |
|
|
CFGS
36
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$4.61K | -100 | Closed |
|
37
Fidelity Investments
Boston,
Massachusetts
| – | +$46 | +1 | New |
|
FJP Hedge Fund Activity: Q1 2020 in Review
30 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2020, worth a combined $34.7M — down 32% from $51.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FJP and 3 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.54M. The largest seller was Morgan Stanley, cutting an estimated $2.86M.
- 30 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2020, down from 37 in Q4 2019.
- Funds reported $34.7M of First Trust Japan AlphaDEX Fund stock for Q1 2020, down 32% quarter-over-quarter.
- 3 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2020 and 7 closed out, a net change of -4 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $1.54M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2020 was Morgan Stanley, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2020.