First Trust STOXX European Select Dividend Income Fund
FDD
78 hedge funds and large institutions have $99.3M invested in First Trust STOXX European Select Dividend Income Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 75 → 78 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.33% less ownership
Funds ownership: 52.09% → 48.76% (-3.3%)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
33% less capital invested
Capital invested by funds: $148M → $99.3M (-$49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$1.5M |
| 2 |
IP
Intellectus Partners
San Francisco,
California
|
+$1.2M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$601K |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$566K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$7.57M |
| 2 |
Morgan Stanley
New York
|
-$5.14M |
| 3 |
Jane Street
New York
|
-$3.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.1M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
76
Private Trust Company
Cleveland,
Ohio
| $2K | +$2.54K | +204 | New |
|
77
Group One Trading
Chicago,
Illinois
| $1K | +$1.24K | +100 | New |
|
|
SFWA
78
Summit Financial Wealth Advisors
Lafayette,
Louisiana
| – | -$7.57M | -569,710 | Closed |
|
|
79
Jane Street
New York
| – | -$3.2M | -240,799 | Closed |
|
80
Citadel Advisors
Miami,
Florida
| – | -$2.25M | -169,711 | Closed |
|
|
FTUS
81
Flow Traders U.S.
New York
| – | -$389K | -29,303 | Closed |
|
|
TCFP
82
Treasure Coast Financial Planning
Vero Beach,
Florida
| – | -$245K | -18,456 | Closed |
|
|
PFS
83
Prospera Financial Services
Dallas,
Texas
| – | -$29K | -2,187 | Closed |
|
84
Simplex Trading
Chicago,
Illinois
| – | -$16K | -1,242 | Closed |
|
|
BBHC
85
Brown Brothers Harriman & Co
New York
| – | -$2K | -141 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | +$187 | +15 | New |
|
FDD Hedge Fund Activity: Q2 2022 in Review
78 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2022, worth a combined $99.3M — down 33% from $148M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDD positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 31 trimmed.
The largest buyer was World Equity Group, opening a new position worth an estimated $1.5M. The largest seller was Summit Financial Wealth Advisors, exiting entirely with an estimated $7.57M sold.
- 78 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2022, up from 75 in Q1 2022.
- Funds reported $99.3M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2022, down 33% quarter-over-quarter.
- 11 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2022 and 8 closed out, a net change of +3 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2022 was World Equity Group, an estimated $1.5M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2022 was Summit Financial Wealth Advisors, an estimated $7.57M sold.
Based on aggregated 13F filings for Q2 2022.