First Trust Japan AlphaDEX Fund
FJP
74 hedge funds and large institutions have $186M invested in First Trust Japan AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
1% more funds holding
Funds holding: 73 → 74 (+1)
3% less capital invested
Capital invested by funds: $192M → $186M (-$5.89M)
12.91% less ownership
Funds ownership: 103.02% → 90.11% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$1.86M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$849K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$847K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$831K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.85M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.27M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| – | -$52.3K | -1,037 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$11K | -219 | Closed |
|
|
LFG
78
Larson Financial Group
St Louis,
Missouri
| – | -$4.38K | -87 | Closed |
|
|
SWM
79
Spire Wealth Management
Mclean,
Virginia
| – | -$1.7K | -33 | Closed |
|
|
FGAM
80
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$340 | -6 | Closed |
|
FJP Hedge Fund Activity: Q1 2024 in Review
74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2024, worth a combined $186M — down 3.1% from $192M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FJP positions and 6 closed out — a net gain of 3 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was US Bancorp, adding an estimated $1.86M. The largest seller was Morgan Stanley, cutting an estimated $16.9M.
- 74 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $186M of First Trust Japan AlphaDEX Fund stock for Q1 2024, down 3.1% quarter-over-quarter.
- 9 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2024 and 6 closed out, a net change of +3 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q1 2024 was US Bancorp, an estimated $1.86M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2024.