First Trust STOXX European Select Dividend Income Fund
FDD
57 hedge funds and large institutions have $69.6M invested in First Trust STOXX European Select Dividend Income Fund in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 30 reducing their positions, and 16 closing their positions.
3.75% less ownership
Funds ownership: 38.44% → 34.68% (-3.8%)
16% less capital invested
Capital invested by funds: $82.5M → $69.6M (-$12.9M)
22% less funds holding
Funds holding: 73 → 57 (-16)
53% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 30
94% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.38M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$267K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$247K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$216K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$84.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.31M |
| 3 |
Jane Street
New York
|
-$2.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.71M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$950K |
FDD Hedge Fund Activity: Q2 2020 in Review
57 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2020, worth a combined $69.6M — down 16% from $82.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FDD and 1 opened new positions — a net loss of 15 holders — while 30 trimmed existing stakes and 14 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.38M. The largest seller was Morgan Stanley, cutting an estimated $6.63M.
- 57 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2020, down from 73 in Q1 2020.
- Funds reported $69.6M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2020, down 16% quarter-over-quarter.
- 1 fund opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2020 and 16 closed out, a net change of -15 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2020 was Royal Bank of Canada, an estimated $1.38M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2020 was Morgan Stanley, an estimated $6.63M sold.
Based on aggregated 13F filings for Q2 2020.