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First Trust Japan AlphaDEX Fund

74 hedge funds and large institutions have $133M invested in First Trust Japan AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.81% less ownership

Funds ownership: 89.84%85.03% (-4.8%)

8% less funds holding

Funds holding: 8074 (-6)

23% less capital invested

Capital invested by funds: $172M → $133M (-$38.9M)

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

Holders
74
Holders Change
-6
Holders Change %
-7.5%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
23
Reduced
30
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWM
1
Congress Wealth Management
Massachusetts
$39.4M -$288K -5,366 -0.7%
Morgan Stanley
2
Morgan Stanley
New York
$15.7M -$6.27M -117,004 -29%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$10.8M -$952K -17,770 -8%
LPL Financial
4
LPL Financial
California
$9.62M +$2.71M +50,555 +40%
Wealth Enhancement Advisory Services
5
Wealth Enhancement Advisory Services
Minnesota
$4.74M +$320K +5,969 +7%
RG
6
Rathbones Group
United Kingdom
$4.04M +$404K +7,539 +11%
Cetera Investment Advisers
7
Cetera Investment Advisers
Illinois
$3.91M +$772K +14,404 +25%
AssetMark Inc
8
AssetMark Inc
California
$3.8M -$280K -5,226 -7%
HFP
9
Holistic Financial Partners
Indiana
$3.42M +$244K +4,555 +8%
Raymond James Financial
10
Raymond James Financial
Florida
$2.16M -$357K -6,653 -14%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$1.63M +$110K +2,055 +7%
TFA
12
Transamerica Financial Advisors
Florida
$1.61M -$253K -4,711 -14%
CAS
13
Coppell Advisory Solutions
Texas
$1.59M -$1.14M -21,186 -43%
GLA
14
Good Life Advisors
Pennsylvania
$1.58M -$809K -15,101 -34%
AWM
15
AE Wealth Management
Kansas
$1.52M -$78.6K -1,466 -5%
HighTower Advisors
16
HighTower Advisors
Illinois
$1.32M +$2.84K +53 +0.2%
IA
17
IFP Advisors
Florida
$1.23M -$81.4K -1,519 -6%
PFS
18
Prospera Financial Services
Texas
$1.22M -$69.6K -1,299 -6%
AAS
19
Avantax Advisory Services
Texas
$1.21M -$109K -2,038 -8%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.17M -$96.6K -1,802 -8%
BEI
21
Benjamin Edwards Inc
Missouri
$1.12M -$2.38M -44,468 -68%
FFA
22
Farther Finance Advisors
California
$972K +$641K +11,959 +201%
GWP
23
Gateway Wealth Partners
Wisconsin
$971K +$178K +3,322 +23%
Osaic Holdings
24
Osaic Holdings
Arizona
$963K +$307K +5,730 +48%
AI
25
Atria Investments
North Carolina
$939K +$19.9K +372 +2%

FJP Hedge Fund Activity: Q1 2025 in Review

74 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in First Trust Japan AlphaDEX Fund (FJP) for Q1 2025, worth a combined $133M — down 23% from $172M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of FJP and 11 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 23 added.

The largest buyer was LPL Financial, adding an estimated $2.71M. The largest seller was First Trust Advisors, exiting entirely with an estimated $34.4M sold.

  • 74 institutional investors held First Trust Japan AlphaDEX Fund (FJP) as of Q1 2025, down from 80 in Q4 2024.
  • Funds reported $133M of First Trust Japan AlphaDEX Fund stock for Q1 2025, down 23% quarter-over-quarter.
  • 11 funds opened new First Trust Japan AlphaDEX Fund positions in Q1 2025 and 15 closed out, a net change of -4 holders.
  • The largest First Trust Japan AlphaDEX Fund buyer in Q1 2025 was LPL Financial, an estimated $2.71M added.
  • The largest First Trust Japan AlphaDEX Fund seller in Q1 2025 was First Trust Advisors, an estimated $34.4M sold.

Based on aggregated 13F filings for Q1 2025.