First Trust Japan AlphaDEX Fund
FJP
24 hedge funds and large institutions have $115M invested in First Trust Japan AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
27% more capital invested
Capital invested by funds: $90.2M → $115M (+$24.6M)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
20% more funds holding
Funds holding: 20 → 24 (+4)
0.94% more ownership
Funds ownership: 89.54% → 90.48% (+0.94%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$80.7M |
| 2 |
Morgan Stanley
New York
|
+$3.12M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$746K |
| 4 |
PI
Placemark Investments
Chicago,
Illinois
|
+$713K |
| 5 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$65.1M |
| 2 |
Jane Street
New York
|
-$2.31M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.98M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$788K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$737K |
FJP Hedge Fund Activity: Q2 2014 in Review
24 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q2 2014, worth a combined $115M — up 27% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FJP positions and 1 closed out — a net gain of 4 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $80.7M. The largest seller was Jefferies Group, cutting an estimated $65.1M.
- 24 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q2 2014, up from 20 in Q1 2014.
- Funds reported $115M of First Trust Japan AlphaDEX Fund stock for Q2 2014, up 27% quarter-over-quarter.
- 5 funds opened new First Trust Japan AlphaDEX Fund positions in Q2 2014 and 1 closed out, a net change of +4 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q2 2014 was F-Squared Investment Management, an estimated $80.7M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q2 2014 was Jefferies Group, an estimated $65.1M sold.
Based on aggregated 13F filings for Q2 2014.