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First Trust STOXX European Select Dividend Income Fund

46 hedge funds and large institutions have $67.7M invested in First Trust STOXX European Select Dividend Income Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0.51% more ownership

Funds ownership: 41.96%42.48% (+0.51%)

4% less capital invested

Capital invested by funds: $70.4M → $67.7M (-$2.71M)

8% less funds holding

Funds holding: 5046 (-4)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
46
Holders Change
-4
Holders Change %
-8%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
16
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$274K -$212K -17,121 -43%
CAN
27
Cetera Advisor Networks
California
$254K -$19.9K -1,600 -7%
Ameriprise
28
Ameriprise
Minnesota
$237K +$32.8K +2,643 +16%
HFS
29
HL Financial Services
Kentucky
$231K +$8.68K +700 +4%
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$210K +$42.8K +3,450 +25%
MHS
31
M Holdings Securities
Oregon
$188K +$16.3K +1,310 +9%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$178K -$11.9K -963 -6%
Cetera Investment Advisers
33
Cetera Investment Advisers
Illinois
$168K +$173K +13,953 New
MFS
34
MSI Financial Services
Massachusetts
$162K +$82.9K +6,685 +102%
Lazard Asset Management
35
Lazard Asset Management
New York
$149K
AIG
36
American International Group
New York
$139K +$6.46K +521 +5%
LNC
37
Lincoln National Corp
Pennsylvania
$130K
SI
38
Stephens Inc
Arkansas
$127K
SF
39
Synovus Financial
Georgia
$122K
WA
40
WFG Advisors
Texas
$35K +$23.6K +1,902 +190%
AFP
41
Ausdal Financial Partners
Iowa
$32K +$32.3K +2,600 New
BFEC
42
Benjamin F. Edwards & Company
Missouri
$24K
Citigroup
43
Citigroup
New York
$18K
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$16K
WEC
45
Winslow Evans & Crocker
Massachusetts
$8.53K
TSS
46
Two Sigma Securities
New York
-$198K -16,590 Closed
BTS
47
BB&T Securities
Virginia
-$162K -13,651 Closed
M&T Bank
48
M&T Bank
New York
-$157K -13,184 Closed
SWP
49
Stratos Wealth Partners
Ohio
-$147K -12,299 Closed
GWM
50
Gupta Wealth Management
California
-$9K -750 Closed

FDD Hedge Fund Activity: Q4 2015 in Review

46 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2015, worth a combined $67.7M — down 3.8% from $70.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FDD and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 16 added.

The largest buyer was LPL Financial, adding an estimated $1.88M. The largest seller was UBS Group, cutting an estimated $2.63M.

  • 46 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2015, down from 50 in Q3 2015.
  • Funds reported $67.7M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2015, down 3.8% quarter-over-quarter.
  • 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2015 and 8 closed out, a net change of -3 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2015 was LPL Financial, an estimated $1.88M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2015 was UBS Group, an estimated $2.63M sold.

Based on aggregated 13F filings for Q4 2015.