First Trust STOXX European Select Dividend Income Fund
FDD
70 hedge funds and large institutions have $120M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
12% more capital invested
Capital invested by funds: $107M → $120M (+$13.2M)
3% more funds holding
Funds holding: 68 → 70 (+2)
0.14% more ownership
Funds ownership: 36.52% → 36.66% (+0.14%)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.03M |
| 2 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$883K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$802K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$782K |
| 5 |
LPL Financial
San Diego,
California
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.46M |
| 2 |
Jane Street
New York
|
-$840K |
| 3 |
Morgan Stanley
New York
|
-$614K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$470K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
76
Joel Isaacson & Co
New York
| – | -$140K | -10,971 | Closed |
|
|
EWA
77
EP Wealth Advisors
Torrance,
California
| – | -$135K | -10,630 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$135K | -10,597 | Closed |
|
79
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$75K | -5,963 | Closed |
|
|
AIC
80
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$33K | -2,625 | Closed |
|
|
GT
81
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$10 | -836 | Closed |
|
FDD Hedge Fund Activity: Q4 2019 in Review
70 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2019, worth a combined $120M — up 12% from $107M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FDD positions and 11 closed out — a net gain of 3 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.03M. The largest seller was Bank of America, cutting an estimated $3.46M.
- 70 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2019, up from 68 in Q3 2019.
- Funds reported $120M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2019, up 12% quarter-over-quarter.
- 14 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2019 and 11 closed out, a net change of +3 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2019 was Wells Fargo, an estimated $3.03M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2019 was Bank of America, an estimated $3.46M sold.
Based on aggregated 13F filings for Q4 2019.