First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $82.5M invested in First Trust STOXX European Select Dividend Income Fund in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 32 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
4% more funds holding
Funds holding: 70 → 73 (+3)
1.77% more ownership
Funds ownership: 36.66% → 38.44% (+1.8%)
32% less capital invested
Capital invested by funds: $120M → $82.5M (-$38M)
53% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.36M |
| 2 |
Jane Street
New York
|
+$4.28M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
| 4 |
Morgan Stanley
New York
|
+$933K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.35M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.48M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.36M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.26M |
| 5 |
WA
Wealth Advisors
Rancho Santa Fe,
California
|
-$831K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCA
76
Greenwood Capital Associates
Greenwood,
South Carolina
| – | -$259K | -18,475 | Closed |
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$208K | -14,875 | Closed |
|
|
FAIM
78
Financial Advocates Investment Management
Olympia,
Washington
| – | -$172K | -12,259 | Closed |
|
|
RIA
79
Realta Investment Advisors
Wilmington,
Delaware
| – | -$88K | -6,617 | Closed |
|
|
VCP
80
Verus Capital Partners
Scottsdale,
Arizona
| – | -$77K | -5,466 | Closed |
|
|
LWA
81
Lenox Wealth Advisors
New York
| – | -$39K | -2,787 | Closed |
|
|
TIM
82
Tortoise Investment Management
White Plains,
New York
| – | -$33K | -2,340 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -147 | Closed |
|
|
AA
84
Advisory Alpha
Holland,
Michigan
| – | -$1.52K | -109 | Closed |
|
FDD Hedge Fund Activity: Q1 2020 in Review
73 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2020, worth a combined $82.5M — down 32% from $120M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FDD positions and 11 closed out — a net gain of 5 holders — while 15 added to existing stakes and 32 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $5.36M. The largest seller was Wells Fargo, cutting an estimated $4.35M.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2020, up from 70 in Q4 2019.
- Funds reported $82.5M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2020, down 32% quarter-over-quarter.
- 16 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2020 and 11 closed out, a net change of +5 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2020 was Citadel Advisors, an estimated $5.36M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2020 was Wells Fargo, an estimated $4.35M sold.
Based on aggregated 13F filings for Q1 2020.