First Trust Japan AlphaDEX Fund
FJP
40 hedge funds and large institutions have $154M invested in First Trust Japan AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
60% more funds holding
Funds holding: 25 → 40 (+15)
50% more capital invested
Capital invested by funds: $102M → $154M (+$51.3M)
18.32% more ownership
Funds ownership: 94.03% → 112.35% (+18%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$12.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.69M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.65M |
| 4 |
Morgan Stanley
New York
|
+$3.89M |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
-$227K |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$99.5K |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$18.3K |
| 4 |
GFWA
Grey Fox Wealth Advisors
Rockland,
Delaware
|
-$17.2K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.43K |
FJP Hedge Fund Activity: Q2 2023 in Review
40 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q2 2023, worth a combined $154M — up 50% from $102M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FJP positions and 5 closed out — a net gain of 15 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Congress Wealth Management, adding an estimated $12.8M. The largest seller was Rathbones Group, cutting an estimated $227K.
- 40 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q2 2023, up from 25 in Q1 2023.
- Funds reported $154M of First Trust Japan AlphaDEX Fund stock for Q2 2023, up 50% quarter-over-quarter.
- 20 funds opened new First Trust Japan AlphaDEX Fund positions in Q2 2023 and 5 closed out, a net change of +15 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q2 2023 was Congress Wealth Management, an estimated $12.8M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q2 2023 was Rathbones Group, an estimated $227K sold.
Based on aggregated 13F filings for Q2 2023.