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First Trust STOXX European Select Dividend Income Fund

50 hedge funds and large institutions have $70.4M invested in First Trust STOXX European Select Dividend Income Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

2% more funds holding

Funds holding: 4950 (+1)

8.72% less ownership

Funds ownership: 50.68%41.96% (-8.7%)

32% less capital invested

Capital invested by funds: $103M → $70.4M (-$32.7M)

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Holders
50
Holders Change
+1
Holders Change %
+2.04%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
13
Reduced
20
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HFS
26
HL Financial Services
Kentucky
$217K +$76.9K +6,100 +50%
Ameriprise
27
Ameriprise
Minnesota
$201K -$28.7K -2,279 -12%
TSS
28
Two Sigma Securities
New York
$198K +$209K +16,590 New
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$186K +$11.5K +914 +6%
MHS
30
M Holdings Securities
Oregon
$168K +$31.3K +2,481 +21%
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$164K -$37.9K -3,009 -18%
BTS
32
BB&T Securities
Virginia
$162K -$9.35K -742 -5%
M&T Bank
33
M&T Bank
New York
$157K
SWP
34
Stratos Wealth Partners
Ohio
$147K -$6.96K -552 -4%
Lazard Asset Management
35
Lazard Asset Management
New York
$146K
LNC
36
Lincoln National Corp
Pennsylvania
$137K
AIG
37
American International Group
New York
$130K -$1.54M -121,957 -92%
SI
38
Stephens Inc
Arkansas
$124K
SF
39
Synovus Financial
Georgia
$120K
MFS
40
MSI Financial Services
Massachusetts
$78K +$7.13K +566 +9%
BFEC
41
Benjamin F. Edwards & Company
Missouri
$24K -$6.43K -510 -20%
Citigroup
42
Citigroup
New York
$17K
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$15K
WA
44
WFG Advisors
Texas
$12K
GWM
45
Gupta Wealth Management
California
$9K +$9.45K +750 New
WEC
46
Winslow Evans & Crocker
Massachusetts
$8.34K -$2.52K -200 -22%
RIA
47
Regal Investment Advisors
Michigan
$5K
RFA
48
Reilly Financial Advisors
California
$4K
RPG
49
Risk Paradigm Group
Texas
$977 +$1.03K +82 New
UCFA
50
United Capital Financial Advisors
Texas
-$458K -35,704 Closed

FDD Hedge Fund Activity: Q3 2015 in Review

50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2015, worth a combined $70.4M — down 32% from $103M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FDD positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 20 trimmed.

The largest buyer was SG Americas Securities, adding an estimated $2.53M. The largest seller was Royal Bank of Canada, cutting an estimated $9.83M.

  • 50 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2015, up from 49 in Q2 2015.
  • Funds reported $70.4M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2015, down 32% quarter-over-quarter.
  • 6 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2015 and 4 closed out, a net change of +2 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2015 was SG Americas Securities, an estimated $2.53M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2015 was Royal Bank of Canada, an estimated $9.83M sold.

Based on aggregated 13F filings for Q3 2015.