First Trust STOXX European Select Dividend Income Fund
FDD
33 hedge funds and large institutions have $67.7M invested in First Trust STOXX European Select Dividend Income Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
42% more capital invested
Capital invested by funds: $47.6M → $67.7M (+$20.1M)
32% more funds holding
Funds holding: 25 → 33 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.7% less ownership
Funds ownership: 41.57% → 39.86% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.54M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.06M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$573K |
| 3 |
Goldman Sachs
New York
|
-$200K |
| 4 |
Jane Street
New York
|
-$161K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$35.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
26
Ground Swell Capital
Folly Beach,
South Carolina
| $59K | +$58.6K | +3,929 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $54K | +$53.1K | +3,557 | New |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $34K | +$33.3K | +2,230 | New |
|
|
BC
29
Bartlett & Co
Cincinnati,
Ohio
| $34K | +$33.8K | +2,265 | New |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| $26.5K | +$2.98K | +200 | +13% |
|
|
NES
31
New England Securities
New York
| $20K | +$19.4K | +1,300 | New |
|
|
RFA
32
Reilly Financial Advisors
La Mesa,
California
| $5K | – | – | – |
|
33
Citigroup
New York
| $5K | +$4.48K | +300 | New |
|
|
34
Jane Street
New York
| – | -$161K | -11,154 | Closed |
|
FDD Hedge Fund Activity: Q2 2014 in Review
33 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2014, worth a combined $67.7M — up 42% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDD positions and 1 closed out — a net gain of 8 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.54M. The largest seller was UBS, cutting an estimated $1.06M.
- 33 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2014, up from 25 in Q1 2014.
- Funds reported $67.7M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2014, up 42% quarter-over-quarter.
- 9 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2014 and 1 closed out, a net change of +8 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2014 was Morgan Stanley, an estimated $6.54M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2014 was UBS, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2014.