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First Trust Japan AlphaDEX Fund

50 hedge funds and large institutions have $77.1M invested in First Trust Japan AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 25 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

0% more funds holding

Funds holding: 5050 (0)

6.74% less ownership

Funds ownership: 70.77%64.03% (-6.7%)

34% less capital invested

Capital invested by funds: $116M → $77.1M (-$39.2M)

60% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 25

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
Holders Change %
0%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
10
Reduced
25
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$38.6M -$28.2M -580,363 -42%
Citadel Advisors
2
Citadel Advisors
Florida
$5.28M +$2.72M +55,968 +104%
LPL Financial
3
LPL Financial
California
$3.7M -$723K -14,862 -16%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$2.83M -$699K -14,364 -20%
UBS Group
5
UBS Group
Switzerland
$2.47M -$488K -10,021 -16%
Jane Street
6
Jane Street
New York
$2.42M +$1.3M +26,685 +113%
HighTower Advisors
7
HighTower Advisors
Illinois
$2.27M -$351K -7,203 -13%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.25M -$481K -9,883 -17%
WI
9
Wintrust Investments
Illinois
$1.57M -$355K -7,303 -18%
RJA
10
Raymond James & Associates
Florida
$1.39M -$216K -4,439 -13%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$1.24M +$68.3K +1,404 +6%
DADC
12
D.A. Davidson & Co
Montana
$1.14M -$598K -12,288 -34%
SAM
13
SignalPoint Asset Management
Missouri
$998K +$1.8K +37 +0.2%
SCA
14
Snowden Capital Advisors
New York
$887K +$4.38K +90 +0.5%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$820K -$1.19M -24,468 -59%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$686K +$693K +14,241 New
Wells Fargo
17
Wells Fargo
California
$624K +$322K +6,618 +105%
FIM
18
Freedom Investment Management
Connecticut
$528K -$22.9K -470 -4%
RG
19
Rathbones Group
United Kingdom
$518K
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$503K -$33.6K -691 -6%
RFWA
21
RPg Family Wealth Advisory
Massachusetts
$491K -$10.8K -222 -2%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$475K -$164K -3,369 -26%
AT
23
Arden Trust
Delaware
$456K -$568K -11,669 -55%
FAAS
24
First Allied Advisory Services
California
$404K -$245K -5,039 -38%
CAN
25
Cetera Advisor Networks
California
$398K -$234K -4,801 -37%

FJP Hedge Fund Activity: Q2 2019 in Review

50 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q2 2019, worth a combined $77.1M — down 34% from $116M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FJP positions and 6 closed out — a net gain of 1 holder — while 10 added to existing stakes and 25 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $2.72M. The largest seller was Morgan Stanley, cutting an estimated $28.2M.

  • 50 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $77.1M of First Trust Japan AlphaDEX Fund stock for Q2 2019, down 34% quarter-over-quarter.
  • 7 funds opened new First Trust Japan AlphaDEX Fund positions in Q2 2019 and 6 closed out, a net change of +1 holder.
  • The largest First Trust Japan AlphaDEX Fund buyer in Q2 2019 was Citadel Advisors, an estimated $2.72M added.
  • The largest First Trust Japan AlphaDEX Fund seller in Q2 2019 was Morgan Stanley, an estimated $28.2M sold.

Based on aggregated 13F filings for Q2 2019.