First Trust STOXX European Select Dividend Income Fund
FDD
77 hedge funds and large institutions have $154M invested in First Trust STOXX European Select Dividend Income Fund in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 35 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
5% more funds holding
Funds holding: 73 → 77 (+4)
1.24% more ownership
Funds ownership: 43.49% → 44.73% (+1.2%)
22% less capital invested
Capital invested by funds: $199M → $154M (-$44.7M)
66% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.52M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$474K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$385K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$25.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.92M |
| 3 |
Jane Street
New York
|
-$6.79M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.53M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
76
Glenmede Trust
Philadelphia,
Pennsylvania
| $197 | – | – | – |
|
|
77
Jane Street
New York
| – | -$6.79M | -517,978 | Closed |
|
|
IP
78
Intellectus Partners
San Francisco,
California
| – | -$1.14M | -86,646 | Closed |
|
|
CAN
79
Cetera Advisor Networks
El Segundo,
California
| – | -$860K | -65,400 | Closed |
|
|
GFPC
80
Global Financial Private Capital
Sarasota,
Florida
| – | -$761K | -58,052 | Closed |
|
|
CWM
81
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$2M | -27,000 | Closed |
|
|
PAG
82
Private Advisor Group
Morristown,
New Jersey
| – | -$302K | -23,073 | Closed |
|
|
OMC
83
Old Mission Capital
Chicago,
Illinois
| – | -$198K | -15,110 | Closed |
|
|
JMPWA
84
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$168K | -12,826 | Closed |
|
|
VF
85
Virtu Financial
New York
| – | -$151K | -11,518 | Closed |
|
|
SPIA
86
Steward Partners Investment Advisory
New York
| – | -$60K | -4,611 | Closed |
|
|
SWP
87
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$55K | -4,230 | Closed |
|
|
CAG
88
Csenge Advisory Group
Clearwater,
Florida
| – | -$4K | -350 | Closed |
|
FDD Hedge Fund Activity: Q4 2018 in Review
77 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2018, worth a combined $154M — down 22% from $199M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FDD positions and 13 closed out — a net gain of 4 holders — while 12 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.52M. The largest seller was UBS Group, cutting an estimated $25.7M.
- 77 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2018, up from 73 in Q3 2018.
- Funds reported $154M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2018, down 22% quarter-over-quarter.
- 17 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2018 and 13 closed out, a net change of +4 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2018 was Morgan Stanley, an estimated $3.52M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2018 was UBS Group, an estimated $25.7M sold.
Based on aggregated 13F filings for Q4 2018.