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First Trust Japan AlphaDEX Fund

18 hedge funds and large institutions have $24.1M invested in First Trust Japan AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% less funds holding

Funds holding: 2418 (-6)

29.69% less ownership

Funds ownership: 90.48%60.79% (-30%)

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

79% less capital invested

Capital invested by funds: $115M → $24.1M (-$90.6M)

Holders
18
Holders Change
-6
Holders Change %
-25%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
9
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$11.6M +$336K +7,016 +3%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$3.46M -$536K -11,199 -13%
IFWM
3
Institute for Wealth Management
Colorado
$2.84M -$495K -10,338 -15%
Bank of America
4
Bank of America
North Carolina
$1.38M -$417K -8,709 -23%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.14M +$1.11M +23,263 +2,111%
SAM
6
SignalPoint Asset Management
Missouri
$737K +$56K +1,170 +8%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$611K -$792K -16,540 -56%
U
8
UBS
Switzerland
$467K +$329K +6,861 +219%
JG
9
Jefferies Group
New York
$452K -$1.93M -40,190 -81%
Jane Street
10
Jane Street
New York
$371K -$289K -6,027 -43%
SG Americas Securities
11
SG Americas Securities
New York
$347K +$356K +7,435 New
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$321K -$335 -7 -0.1%
LPL Financial
13
LPL Financial
California
$210K -$51.5K -1,075 -19%
AIG
14
American International Group
New York
$141K -$6.23K -130 -4%
Wells Fargo
15
Wells Fargo
California
$41K +$25.6K +535 +152%
S
16
SignatureFD
Georgia
$16K +$16.3K +341 New
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$2K
NFG
18
Next Financial Group
Texas
$2K
FSIM
19
F-Squared Investment Management
Massachusetts
-$86.3M -1,803,401 Closed
PI
20
Placemark Investments
Illinois
-$1.03M -21,516 Closed
SAM
21
Shamrock Asset Management
Texas
-$252K -5,267 Closed
Citigroup
22
Citigroup
New York
-$59K -1,229 Closed
BRWA
23
B. Riley Wealth Advisors
Florida
-$46.5K -971 Closed
WEC
24
Winslow Evans & Crocker
Massachusetts
-$40.7K -851 Closed
Ameriprise
25
Ameriprise
Minnesota
-$9K -185 Closed

FJP Hedge Fund Activity: Q3 2014 in Review

18 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q3 2014, worth a combined $24.1M — down 79% from $115M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FJP and 2 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 5 added.

The largest buyer was Royal Bank of Canada, adding an estimated $1.11M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $86.3M sold.

  • 18 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q3 2014, down from 24 in Q2 2014.
  • Funds reported $24.1M of First Trust Japan AlphaDEX Fund stock for Q3 2014, down 79% quarter-over-quarter.
  • 2 funds opened new First Trust Japan AlphaDEX Fund positions in Q3 2014 and 8 closed out, a net change of -6 holders.
  • The largest First Trust Japan AlphaDEX Fund buyer in Q3 2014 was Royal Bank of Canada, an estimated $1.11M added.
  • The largest First Trust Japan AlphaDEX Fund seller in Q3 2014 was F-Squared Investment Management, an estimated $86.3M sold.

Based on aggregated 13F filings for Q3 2014.