First Trust STOXX European Select Dividend Income Fund
FDD
68 hedge funds and large institutions have $107M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 34 reducing their positions, and 12 closing their positions.
1.6% less ownership
Funds ownership: 38.12% → 36.52% (-1.6%)
8% less funds holding
Funds holding: 74 → 68 (-6)
8% less capital invested
Capital invested by funds: $117M → $107M (-$9.81M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
65% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$606K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$388K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$350K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$291K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.38M |
| 4 |
Jane Street
New York
|
-$1.09M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$940K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
Crewe Advisors
Salt Lake City,
Utah
| – | -$19K | -1,527 | Closed |
|
|
DWM
77
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$12K | -950 | Closed |
|
78
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$10K | -832 | Closed |
|
|
WAP
79
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$4K | -300 | Closed |
|
FDD Hedge Fund Activity: Q3 2019 in Review
68 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2019, worth a combined $107M — down 8.4% from $117M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FDD and 8 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $606K. The largest seller was Morgan Stanley, cutting an estimated $4.07M.
- 68 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2019, down from 74 in Q2 2019.
- Funds reported $107M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2019, down 8.4% quarter-over-quarter.
- 8 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2019 and 12 closed out, a net change of -4 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2019 was LPL Financial, an estimated $606K added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2019 was Morgan Stanley, an estimated $4.07M sold.
Based on aggregated 13F filings for Q3 2019.