First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
15 hedge funds and large institutions have $13.9M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 7 closing their positions.
7.48% less ownership
Funds ownership: 53.99% → 46.51% (-7.5%)
18% less capital invested
Capital invested by funds: $16.9M → $13.9M (-$3.06M)
25% less funds holding
Funds holding: 20 → 15 (-5)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$600K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$565K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$94.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$56K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$45.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.94M |
| 2 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$766K |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$362K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$234K |
| 5 |
Rockefeller Capital Management
New York
|
-$204K |
DDIV Hedge Fund Activity: Q2 2020 in Review
15 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) for Q2 2020, worth a combined $13.9M — down 18% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DDIV and 2 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $600K. The largest seller was LPL Financial, cutting an estimated $3.94M.
- 15 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q2 2020, down from 20 in Q1 2020.
- Funds reported $13.9M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q2 2020, down 18% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q2 2020 and 7 closed out, a net change of -5 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q2 2020 was Citadel Advisors, an estimated $600K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q2 2020 was LPL Financial, an estimated $3.94M sold.
Based on aggregated 13F filings for Q2 2020.