First Trust Japan AlphaDEX Fund
FJP
26 hedge funds and large institutions have $102M invested in First Trust Japan AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
30% more capital invested
Capital invested by funds: $78.5M → $102M (+$23.8M)
8% more funds holding
Funds holding: 24 → 26 (+2)
1.54% more ownership
Funds ownership: 92.49% → 94.03% (+1.5%)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$19.5M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.75M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$764K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$755K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.22M |
| 2 |
Morgan Stanley
New York
|
-$1.15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$397K |
| 4 |
LPL Financial
San Diego,
California
|
-$388K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$86K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$397K | -9,353 | Closed |
|
|
CAS
27
Coppell Advisory Solutions
Coppell,
Texas
| – | -$47.6K | -1,120 | Closed |
|
|
CASC
28
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$47.6K | -1,120 | Closed |
|
29
Rockefeller Capital Management
New York
| – | -$19K | -451 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$2.37K | -54 | -93% |
|
FJP Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2023, worth a combined $102M — up 30% from $78.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FJP positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Congress Wealth Management, opening a new position worth an estimated $19.5M. The largest seller was Citadel Advisors, cutting an estimated $6.22M.
- 26 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2023, up from 24 in Q4 2022.
- Funds reported $102M of First Trust Japan AlphaDEX Fund stock for Q1 2023, up 30% quarter-over-quarter.
- 7 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2023 and 4 closed out, a net change of +3 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2023 was Congress Wealth Management, an estimated $19.5M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2023 was Citadel Advisors, an estimated $6.22M sold.
Based on aggregated 13F filings for Q1 2023.