First Trust Japan AlphaDEX Fund
FJP
73 hedge funds and large institutions have $172M invested in First Trust Japan AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
9% more funds holding
Funds holding: 67 → 73 (+6)
5% more capital inflows, than outflows
Capital inflows: $18.8M | Capital outflows: $17.9M
0.47% more ownership
Funds ownership: 91.88% → 92.35% (+0.47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.35M |
| 3 |
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.96M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.52M |
| 5 |
Guild Investment Management
Los Angeles,
California
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.7M |
| 2 |
Morgan Stanley
New York
|
-$1.28M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.15M |
| 4 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.09M |
| 5 |
LPL Financial
San Diego,
California
|
-$838K |
FJP Hedge Fund Activity: Q4 2023 in Review
73 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q4 2023, worth a combined $172M — up 1.8% from $169M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FJP positions and 7 closed out — a net gain of 6 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $2.9M. The largest seller was First Trust Advisors, cutting an estimated $9.7M.
- 73 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $172M of First Trust Japan AlphaDEX Fund stock for Q4 2023, up 1.8% quarter-over-quarter.
- 13 funds opened new First Trust Japan AlphaDEX Fund positions in Q4 2023 and 7 closed out, a net change of +6 holders.
- The largest First Trust Japan AlphaDEX Fund buyer in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $2.9M added.
- The largest First Trust Japan AlphaDEX Fund seller in Q4 2023 was First Trust Advisors, an estimated $9.7M sold.
Based on aggregated 13F filings for Q4 2023.