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First Trust Japan AlphaDEX Fund

68 hedge funds and large institutions have $169M invested in First Trust Japan AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,800% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 1

178% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 9

70% more funds holding

Funds holding: 4068 (+28)

10% more capital invested

Capital invested by funds: $154M → $169M (+$15.5M)

20.47% less ownership

Funds ownership: 112.35%91.88% (-20%)

Holders
68
Holders Change
+28
Holders Change %
+70%
% of All Funds
1.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
25
Reduced
9
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$50.2M -$26.5M -531,670 -34%
CWM
2
Congress Wealth Management
Massachusetts
$35.6M -$273K -5,475 -0.8%
Morgan Stanley
3
Morgan Stanley
New York
$20.9M +$7.38M +148,043 +54%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$10.9M +$554K +11,112 +5%
LPL Financial
5
LPL Financial
California
$5.67M +$4.03M +80,875 +244%
GLA
6
Good Life Advisors
Pennsylvania
$5.24M +$5.25M +105,391 New
Osaic Holdings
7
Osaic Holdings
Arizona
$4.09M +$3.44M +69,034 +523%
BFEC
8
Benjamin F. Edwards & Company
Missouri
$3.63M +$508K +10,192 +16%
RG
9
Rathbones Group
United Kingdom
$2.44M +$1.25M +25,060 +104%
HFP
10
Holistic Financial Partners
Indiana
$2.44M +$2.44M +48,991 New
RJFSA
11
Raymond James Financial Services Advisors
Florida
$1.56M +$1.57M +31,421 New
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$1.54M +$366K +7,349 +31%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$1.4M -$72.3K -1,451 -5%
TFA
14
Transamerica Financial Advisors
Florida
$1.39M +$338K +6,783 +32%
AWM
15
AE Wealth Management
Kansas
$1.2M +$194K +3,903 +19%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$1.2M +$156K +3,128 +15%
Truist Financial
17
Truist Financial
North Carolina
$1.03M +$1.03M +20,696 New
AssetMark Inc
18
AssetMark Inc
California
$987K +$640K +12,841 +183%
IA
19
IFP Advisors
Florida
$970K +$683K +13,710 +236%
AIFAIM
20
American Institute for Advanced Investment Management
Arizona
$872K +$813K +16,314 New
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$854K +$364K +7,296 +74%
RJA
22
Raymond James & Associates
Florida
$765K +$493K +9,889 +180%
IA
23
IFG Advisory
Georgia
$696K +$697K +13,983 New
HighTower Advisors
24
HighTower Advisors
Illinois
$689K +$3.04K +61 +0.4%
SAM
25
SignalPoint Asset Management
Missouri
$689K -$4.58K -92 -0.7%

FJP Hedge Fund Activity: Q3 2023 in Review

68 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q3 2023, worth a combined $169M — up 10% from $154M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FJP positions and 1 closed out — a net gain of 28 holders — while 25 added to existing stakes and 9 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $7.38M. The largest seller was First Trust Advisors, cutting an estimated $26.5M.

  • 68 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q3 2023, up from 40 in Q2 2023.
  • Funds reported $169M of First Trust Japan AlphaDEX Fund stock for Q3 2023, up 10% quarter-over-quarter.
  • 29 funds opened new First Trust Japan AlphaDEX Fund positions in Q3 2023 and 1 closed out, a net change of +28 holders.
  • The largest First Trust Japan AlphaDEX Fund buyer in Q3 2023 was Morgan Stanley, an estimated $7.38M added.
  • The largest First Trust Japan AlphaDEX Fund seller in Q3 2023 was First Trust Advisors, an estimated $26.5M sold.

Based on aggregated 13F filings for Q3 2023.