First Trust STOXX European Select Dividend Income Fund
FDD
44 hedge funds and large institutions have $72.1M invested in First Trust STOXX European Select Dividend Income Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 9 closing their positions.
3.68% more ownership
Funds ownership: 41.97% → 45.65% (+3.7%)
1% less capital invested
Capital invested by funds: $72.7M → $72.1M (-$609K)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
6% less funds holding
Funds holding: 47 → 44 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.49M |
| 2 |
Morgan Stanley
New York
|
+$1.08M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.07M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$437K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.81M |
| 2 |
Jane Street
New York
|
-$1.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.01M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$864K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
AssetMark Inc
Concord,
California
| – | -$25K | -2,075 | Closed |
|
|
BFEC
52
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$24K | -2,000 | Closed |
|
FDD Hedge Fund Activity: Q4 2016 in Review
44 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2016, worth a combined $72.1M — down 0.84% from $72.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FDD and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.
The largest buyer was UBS Group, adding an estimated $4.49M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.81M sold.
- 44 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2016, down from 47 in Q3 2016.
- Funds reported $72.1M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2016, down 0.84% quarter-over-quarter.
- 8 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2016 and 9 closed out, a net change of -1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2016 was UBS Group, an estimated $4.49M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2016 was Citadel Advisors, an estimated $1.81M sold.
Based on aggregated 13F filings for Q4 2016.