First Trust Japan AlphaDEX Fund
FJP
73 hedge funds and large institutions have $192M invested in First Trust Japan AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
14% more capital invested
Capital invested by funds: $169M → $192M (+$23M)
11.14% more ownership
Funds ownership: 91.88% → 103.02% (+11%)
7% more funds holding
Funds holding: 68 → 73 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.2M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.35M |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.96M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.66M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.15M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.09M |
| 4 |
LPL Financial
San Diego,
California
|
-$838K |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$696K |
FJP Hedge Fund Activity: Q4 2023 in Review
73 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q4 2023, worth a combined $192M — up 14% from $169M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FJP positions and 7 closed out — a net gain of 5 holders — while 35 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was First Trust Advisors, cutting an estimated $9.66M.
- 73 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q4 2023, up from 68 in Q3 2023.
- Funds reported $192M of First Trust Japan AlphaDEX Fund stock for Q4 2023, up 14% quarter-over-quarter.
- 12 funds opened new First Trust Japan AlphaDEX Fund positions in Q4 2023 and 7 closed out, a net change of +5 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $18.2M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q4 2023 was First Trust Advisors, an estimated $9.66M sold.
Based on aggregated 13F filings for Q4 2023.