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First Trust STOXX European Select Dividend Income Fund

70 hedge funds and large institutions have $120M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 11

12% more capital invested

Capital invested by funds: $107M → $120M (+$13.2M)

3% more funds holding

Funds holding: 6870 (+2)

0.14% more ownership

Funds ownership: 36.52%36.66% (+0.14%)

17% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 24

Holders
70
Holders Change
+2
Holders Change %
+2.94%
% of All Funds
1.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
20
Reduced
24
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$719K +$97.1K +7,260 +17%
JP Morgan Chase
27
JP Morgan Chase
New York
$639K -$14.8K -1,109 -2%
FAAS
28
First Allied Advisory Services
California
$446K -$5.61K -419 -1%
WI
29
Wintrust Investments
Illinois
$415K
SPC
30
Sigma Planning Corp
Michigan
$383K +$190K +14,239 +109%
LF
31
Lantz Financial
Illinois
$356K -$3.35K -250 -1%
LWM
32
Liberty Wealth Management
California
$349K +$441 +33 +0.1%
Prudential Financial
33
Prudential Financial
New Jersey
$346K -$296K -22,089 -47%
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$327K +$16.8K +1,259 +6%
OMC
35
Old Mission Capital
Illinois
$283K -$107K -7,992 -28%
Stifel Financial
36
Stifel Financial
Missouri
$281K -$94.1K -7,036 -26%
GCA
37
Greenwood Capital Associates
South Carolina
$259K +$39.8K +2,975 +19%
CNB
38
Camden National Bank
Maine
$242K +$231K +17,258 New
EH
39
Equitable Holdings
New York
$221K +$211K +15,752 New
William Blair & Company
40
William Blair & Company
Illinois
$219K
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$216K
HighTower Advisors
42
HighTower Advisors
Illinois
$208K -$9.73K -727 -5%
FHA
43
First Horizon Advisors
Tennessee
$195K
IWM
44
IHT Wealth Management
Illinois
$181K -$92.6K -6,922 -35%
WWM
45
Western Wealth Management
Colorado
$177K -$5.35K -400 -3%
FAIM
46
Financial Advocates Investment Management
Washington
$172K -$39.1K -2,925 -19%
Lazard Asset Management
47
Lazard Asset Management
New York
$172K
SF
48
Synovus Financial
Georgia
$159K +$152K +11,331 New
SPIA
49
Steward Partners Investment Advisory
New York
$154K +$37.2K +2,778 +34%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$148K -$235K -17,551 -63%

FDD Hedge Fund Activity: Q4 2019 in Review

70 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2019, worth a combined $120M — up 12% from $107M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FDD positions and 11 closed out — a net gain of 3 holders — while 20 added to existing stakes and 24 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.03M. The largest seller was Bank of America, cutting an estimated $3.46M.

  • 70 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2019, up from 68 in Q3 2019.
  • Funds reported $120M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2019, up 12% quarter-over-quarter.
  • 14 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2019 and 11 closed out, a net change of +3 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2019 was Wells Fargo, an estimated $3.03M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2019 was Bank of America, an estimated $3.46M sold.

Based on aggregated 13F filings for Q4 2019.