First Trust STOXX European Select Dividend Income Fund
FDD
57 hedge funds and large institutions have $239M invested in First Trust STOXX European Select Dividend Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 5 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
13% more capital invested
Capital invested by funds: $212M → $239M (+$26.9M)
1.64% less ownership
Funds ownership: 46.59% → 44.96% (-1.6%)
3% less funds holding
Funds holding: 59 → 57 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$8.88M |
| 2 |
SG Americas Securities
New York
|
+$3.74M |
| 3 |
Morgan Stanley
New York
|
+$3.73M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.15M |
| 5 |
Jane Street
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$3.83M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2.75M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$1.48M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$451K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$220K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $49K | -$26.6K | -1,997 | -35% |
|
|
EDRH
52
Edmond de Rothschild Holding
Chambesy,
Switzerland
| $29K | – | – | – |
|
|
WAM
53
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $11K | – | – | – |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | +$5.33K | +400 | New |
|
|
WEC
56
Winslow Evans & Crocker
Boston,
Massachusetts
| $3.41K | -$4K | -300 | -55% |
|
|
57
William Blair & Company
Chicago,
Illinois
| – | -$1.48M | -113,105 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$166K | -12,732 | Closed |
|
|
ICOA
59
Investment Centers of America
Bismarck,
North Dakota
| – | -$136K | -10,400 | Closed |
|
|
NFG
60
Next Financial Group
Houston,
Texas
| – | -$19K | -1,420 | Closed |
|
|
EFSCE
61
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$5K | -395 | Closed |
|
FDD Hedge Fund Activity: Q3 2017 in Review
57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2017, worth a combined $239M — up 13% from $212M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDD and 4 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 28 added.
The largest buyer was UBS Group, adding an estimated $8.88M. The largest seller was Advisor Group, cutting an estimated $3.83M.
- 57 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2017, down from 59 in Q2 2017.
- Funds reported $239M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2017, up 13% quarter-over-quarter.
- 4 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2017 and 5 closed out, a net change of -1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2017 was UBS Group, an estimated $8.88M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2017 was Advisor Group, an estimated $3.83M sold.
Based on aggregated 13F filings for Q3 2017.