First Trust Japan AlphaDEX Fund
FJP
72 hedge funds and large institutions have $172M invested in First Trust Japan AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 8 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2.48% less ownership
Funds ownership: 90.11% → 87.63% (-2.5%)
3% less funds holding
Funds holding: 74 → 72 (-2)
8% less capital invested
Capital invested by funds: $186M → $172M (-$14.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.05M |
| 2 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
+$878K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$870K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$743K |
| 5 |
AssetMark Inc
Concord,
California
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
-$2.37M |
| 2 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$2.01M |
| 3 |
Morgan Stanley
New York
|
-$1.32M |
| 4 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$759K |
| 5 |
Jane Street
New York
|
-$599K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
76
Old Mission Capital
Chicago,
Illinois
| – | -$231K | -4,197 | Closed |
|
|
AFG
77
ABLE Financial Group
Scottsdale,
Arizona
| – | -$218K | -3,954 | Closed |
|
|
FPWM
78
FSB Premier Wealth Management
Waterloo,
Iowa
| – | -$218K | -3,954 | Closed |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$10K | -176 | Closed |
|
|
PTC
80
Private Trust Company
Cleveland,
Ohio
| – | -$4.13K | -75 | Closed |
|
FJP Hedge Fund Activity: Q2 2024 in Review
72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q2 2024, worth a combined $172M — down 7.9% from $186M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FJP positions and 8 closed out — a net gain of 2 holders — while 34 added to existing stakes and 25 trimmed.
The largest buyer was Prospera Financial Services, opening a new position worth an estimated $1.05M. The largest seller was Good Life Advisors, cutting an estimated $2.37M.
- 72 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q2 2024, down from 74 in Q1 2024.
- Funds reported $172M of First Trust Japan AlphaDEX Fund stock for Q2 2024, down 7.9% quarter-over-quarter.
- 10 funds opened new First Trust Japan AlphaDEX Fund positions in Q2 2024 and 8 closed out, a net change of +2 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q2 2024 was Prospera Financial Services, an estimated $1.05M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q2 2024 was Good Life Advisors, an estimated $2.37M sold.
Based on aggregated 13F filings for Q2 2024.