First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $199M invested in First Trust STOXX European Select Dividend Income Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding
Funds holding: 73 → 73 (0)
1.16% less ownership
Funds ownership: 44.64% → 43.49% (-1.2%)
12% less capital invested
Capital invested by funds: $226M → $199M (-$26.6M)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.3M |
| 2 |
SG Americas Securities
New York
|
+$2.66M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.97M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$921K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$19.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.11M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.99M |
| 4 |
Morgan Stanley
New York
|
-$3.41M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$27K | -2,060 | Closed |
|
77
Bessemer Group
Woodbridge,
New Jersey
| – | -$22K | -1,665 | Closed |
|
|
BCA
78
Bay Colony Advisors
Concord,
Massachusetts
| – | -$19K | -1,425 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
FDD Hedge Fund Activity: Q3 2018 in Review
73 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2018, worth a combined $199M — down 12% from $226M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDD positions and 8 closed out — a net gain of 1 holder — while 23 added to existing stakes and 28 trimmed.
The largest buyer was Jane Street, adding an estimated $6.3M. The largest seller was UBS Group, cutting an estimated $19.8M.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $199M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2018, down 12% quarter-over-quarter.
- 9 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2018 and 8 closed out, a net change of +1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2018 was Jane Street, an estimated $6.3M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2018 was UBS Group, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2018.