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First Trust STOXX European Select Dividend Income Fund

40 hedge funds and large institutions have $62.5M invested in First Trust STOXX European Select Dividend Income Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

2.92% less ownership

Funds ownership: 42.48%39.56% (-2.9%)

8% less capital invested

Capital invested by funds: $67.7M → $62.5M (-$5.18M)

13% less funds holding

Funds holding: 4640 (-6)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
40
Holders Change
-6
Holders Change %
-13.04%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
15
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$183K +$4.56K +391 +3%
MHS
27
M Holdings Securities
Oregon
$153K -$33.1K -2,839 -18%
Lazard Asset Management
28
Lazard Asset Management
New York
$149K
AIG
29
American International Group
New York
$148K +$8.75K +750 +7%
MFS
30
MSI Financial Services
Massachusetts
$141K -$19.7K -1,690 -13%
LNC
31
Lincoln National Corp
Pennsylvania
$137K
SI
32
Stephens Inc
Arkansas
$127K
SF
33
Synovus Financial
Georgia
$122K
WA
34
WFG Advisors
Texas
$34K -$1.17K -100 -3%
ASN
35
Advisory Services Network
Georgia
$30K +$29.1K +2,496 New
BFEC
36
Benjamin F. Edwards & Company
Missouri
$24K
Citigroup
37
Citigroup
New York
$18K +$584 +50 +3%
EDRH
38
Edmond de Rothschild Holding
Switzerland
$13K +$12.3K +1,050 New
WEC
39
Winslow Evans & Crocker
Massachusetts
$8.52K
Janney Montgomery Scott
40
Janney Montgomery Scott
Pennsylvania
-$1.76M -144,279 Closed
Susquehanna International Group
41
Susquehanna International Group
Pennsylvania
-$1M -82,177 Closed
VKH
42
Virtu KCG Holdings
New York
-$935K -76,735 Closed
Jane Street
43
Jane Street
New York
-$805K -66,090 Closed
Citadel Advisors
44
Citadel Advisors
Florida
-$612K -50,218 Closed
OMC
45
Old Mission Capital
Illinois
-$318K -26,116 Closed
Cetera Investment Advisers
46
Cetera Investment Advisers
Illinois
-$168K -13,953 Closed
AFP
47
Ausdal Financial Partners
Iowa
-$32K -2,600 Closed
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
-$16K -1,280 Closed

FDD Hedge Fund Activity: Q1 2016 in Review

40 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2016, worth a combined $62.5M — down 7.7% from $67.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FDD and 3 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 14 added.

The largest buyer was Bank of America, adding an estimated $2.62M. The largest seller was Wells Fargo, cutting an estimated $2.03M.

  • 40 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2016, down from 46 in Q4 2015.
  • Funds reported $62.5M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2016, down 7.7% quarter-over-quarter.
  • 3 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2016 and 9 closed out, a net change of -6 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2016 was Bank of America, an estimated $2.62M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2016 was Wells Fargo, an estimated $2.03M sold.

Based on aggregated 13F filings for Q1 2016.