First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $226M invested in First Trust STOXX European Select Dividend Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 11 closing their positions.
0.74% less ownership
Funds ownership: 45.38% → 44.64% (-0.74%)
8% less funds holding
Funds holding: 79 → 73 (-6)
10% less capital invested
Capital invested by funds: $251M → $226M (-$25.1M)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.22M |
| 2 |
MMHP
Murphy Middleton Hinkle & Parker
Thomasville,
Georgia
|
+$507K |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$367K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$323K |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$7.89M |
| 2 |
Morgan Stanley
New York
|
-$3.39M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 4 |
Jane Street
New York
|
-$2.01M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UR
76
USCA RIA
Houston,
Texas
| – | -$138K | -10,000 | Closed |
|
77
SG Americas Securities
New York
| – | -$127K | -9,176 | Closed |
|
|
RFC
78
Regions Financial Corp
Birmingham,
Alabama
| – | -$75K | -5,444 | Closed |
|
|
SWP
79
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$69K | -4,955 | Closed |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$43K | -3,099 | Closed |
|
|
S
81
SignatureFD
Atlanta,
Georgia
| – | -$11K | -830 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -400 | Closed |
|
|
AS
83
Altshuler Shaham
Tel Aviv,
Israel
| – | +$503 | +36 | New |
|
FDD Hedge Fund Activity: Q2 2018 in Review
73 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2018, worth a combined $226M — down 10% from $251M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FDD and 6 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was Citadel Advisors, adding an estimated $5.22M. The largest seller was Milestone Advisory Partners, exiting entirely with an estimated $7.89M sold.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2018, down from 79 in Q1 2018.
- Funds reported $226M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2018, down 10% quarter-over-quarter.
- 6 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2018 and 11 closed out, a net change of -5 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2018 was Citadel Advisors, an estimated $5.22M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2018 was Milestone Advisory Partners, an estimated $7.89M sold.
Based on aggregated 13F filings for Q2 2018.