First Trust STOXX European Select Dividend Income Fund
FDD
58 hedge funds and large institutions have $81.4M invested in First Trust STOXX European Select Dividend Income Fund in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 28 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
29% more capital invested
Capital invested by funds: $63M → $81.4M (+$18.4M)
4% more funds holding
Funds holding: 56 → 58 (+2)
2.45% more ownership
Funds ownership: 34.96% → 37.42% (+2.5%)
57% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.6M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$2.89M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.53M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$636K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.72M |
| 2 |
Morgan Stanley
New York
|
-$1.47M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$636K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$386K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$350K |
FDD Hedge Fund Activity: Q4 2020 in Review
58 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2020, worth a combined $81.4M — up 29% from $63M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDD positions and 9 closed out — a net gain of 3 holders — while 12 added to existing stakes and 28 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.6M. The largest seller was Citadel Advisors, cutting an estimated $1.72M.
- 58 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2020, up from 56 in Q3 2020.
- Funds reported $81.4M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2020, up 29% quarter-over-quarter.
- 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2020 and 9 closed out, a net change of +3 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2020 was Wells Fargo, an estimated $3.6M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2020 was Citadel Advisors, an estimated $1.72M sold.
Based on aggregated 13F filings for Q4 2020.