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First Trust Japan AlphaDEX Fund

72 hedge funds and large institutions have $172M invested in First Trust Japan AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 25

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

2.48% less ownership

Funds ownership: 90.11%87.63% (-2.5%)

3% less funds holding

Funds holding: 7472 (-2)

8% less capital invested

Capital invested by funds: $186M → $172M (-$14.7M)

Holders
72
Holders Change
-2
Holders Change %
-2.7%
% of All Funds
1.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
34
Reduced
25
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$37.9M +$743K +14,072 +2%
CWM
2
Congress Wealth Management
Massachusetts
$36.8M -$152K -2,886 -0.4%
Morgan Stanley
3
Morgan Stanley
New York
$22.8M -$1.32M -25,066 -5%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$10.6M -$150K -2,845 -1%
LPL Financial
5
LPL Financial
California
$5.36M -$97.8K -1,851 -2%
Wealth Enhancement Advisory Services
6
Wealth Enhancement Advisory Services
Minnesota
$3.98M +$258K +4,891 +7%
BFEC
7
Benjamin F. Edwards & Company
Missouri
$3.47M +$870K +16,475 +32%
RG
8
Rathbones Group
United Kingdom
$3.25M +$878K +16,620 +36%
GLA
9
Good Life Advisors
Pennsylvania
$3.18M -$2.37M -44,948 -42%
AssetMark Inc
10
AssetMark Inc
California
$3.01M +$715K +13,536 +30%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$2.76M -$72.5K -1,373 -3%
HFP
12
Holistic Financial Partners
Indiana
$2.58M -$26.4K -500 -1%
CAS
13
Coppell Advisory Solutions
Texas
$2.24M +$2.3M +43,495 New
US Bancorp
14
US Bancorp
Minnesota
$1.93M +$124K +2,348 +7%
TFA
15
Transamerica Financial Advisors
Florida
$1.7M
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1.6M +$148K +2,796 +10%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.59M +$41.8K +792 +3%
AAS
18
Avantax Advisory Services
Texas
$1.35M -$22.5K -426 -2%
RJA
19
Raymond James & Associates
Florida
$1.33M +$136K +2,582 +11%
HighTower Advisors
20
HighTower Advisors
Illinois
$1.3M -$188K -3,561 -12%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$1.29M +$180K +3,404 +16%
AWM
22
AE Wealth Management
Kansas
$1.26M +$167K +3,158 +15%
AIFAIM
23
American Institute for Advanced Investment Management
Arizona
$1.24M -$25.4K -480 -2%
IA
24
IFP Advisors
Florida
$1.11M +$558K +10,569 +96%
Truist Financial
25
Truist Financial
North Carolina
$1.1M +$23.2K +440 +2%

FJP Hedge Fund Activity: Q2 2024 in Review

72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q2 2024, worth a combined $172M — down 7.9% from $186M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FJP positions and 8 closed out — a net gain of 2 holders — while 34 added to existing stakes and 25 trimmed.

The largest buyer was Prospera Financial Services, opening a new position worth an estimated $1.05M. The largest seller was Good Life Advisors, cutting an estimated $2.37M.

  • 72 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q2 2024, down from 74 in Q1 2024.
  • Funds reported $172M of First Trust Japan AlphaDEX Fund stock for Q2 2024, down 7.9% quarter-over-quarter.
  • 10 funds opened new First Trust Japan AlphaDEX Fund positions in Q2 2024 and 8 closed out, a net change of +2 holders.
  • The largest First Trust Japan AlphaDEX Fund buyer in Q2 2024 was Prospera Financial Services, an estimated $1.05M added.
  • The largest First Trust Japan AlphaDEX Fund seller in Q2 2024 was Good Life Advisors, an estimated $2.37M sold.

Based on aggregated 13F filings for Q2 2024.