First Trust STOXX European Select Dividend Income Fund
FDD
56 hedge funds and large institutions have $63M invested in First Trust STOXX European Select Dividend Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 28 reducing their positions, and 6 closing their positions.
0.28% more ownership
Funds ownership: 34.68% → 34.96% (+0.28%)
2% less funds holding
Funds holding: 57 → 56 (-1)
9% less capital invested
Capital invested by funds: $69.6M → $63M (-$6.6M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
54% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$653K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$648K |
| 4 |
M&T Bank
Buffalo,
New York
|
+$200K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.83M |
| 2 |
LPL Financial
San Diego,
California
|
-$907K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$899K |
| 4 |
Jane Street
New York
|
-$894K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$684K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFS
51
Prospera Financial Services
Dallas,
Texas
| $21K | +$22.8K | +2,086 | New |
|
|
APA
52
American Portfolios Advisors
Holbrook,
New York
| $16K | – | – | – |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| $12K | – | – | – |
|
|
PA
54
Parallel Advisors
San Francisco,
California
| $10K | +$10.9K | +1,000 | New |
|
|
NNP
55
Nachman Norwood & Parrott
Greenville,
South Carolina
| $5K | +$5.46K | +500 | New |
|
|
ZB
56
Zions Bancorporation
Salt Lake City,
Utah
| $2K | +$2.18K | +200 | New |
|
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$684K | -65,467 | Closed |
|
58
Lazard Asset Management
New York
| – | -$128K | -12,300 | Closed |
|
|
WWM
59
Western Wealth Management
Golden,
Colorado
| – | -$121K | -11,621 | Closed |
|
|
TI
60
tru Independence
Portland,
Oregon
| – | -$17 | -1,580 | Closed |
|
|
FHA
61
First Horizon Advisors
Memphis,
Tennessee
| – | -$9K | -926 | Closed |
|
|
CAN
62
Cetera Advisor Networks
El Segundo,
California
| – | -$4K | -400 | Closed |
|
FDD Hedge Fund Activity: Q3 2020 in Review
56 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2020, worth a combined $63M — down 9.5% from $69.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FDD and 5 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, adding an estimated $1.3M. The largest seller was Royal Bank of Canada, cutting an estimated $1.83M.
- 56 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2020, down from 57 in Q2 2020.
- Funds reported $63M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2020, down 9.5% quarter-over-quarter.
- 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2020 was Citadel Advisors, an estimated $1.3M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2020.