First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $71.1M invested in First Trust STOXX European Select Dividend Income Fund in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 34 reducing their positions, and 9 closing their positions.
4.57% less ownership
Funds ownership: 48.76% → 44.19% (-4.6%)
6% less funds holding
Funds holding: 78 → 73 (-5)
28% less capital invested
Capital invested by funds: $99.3M → $71.1M (-$28.2M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
50% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.86M |
| 2 |
IP
Intellectus Partners
San Francisco,
California
|
+$1.83M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.26M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.09M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$7.99M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.75M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$3.38M |
| 4 |
Morgan Stanley
New York
|
-$3.36M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
76
HAP Trading
New York
| – | -$211K | -19,401 | Closed |
|
|
LFASL
77
Lugano Financial Advisors SA (LFA)
Lugano,
Switzerland
| – | -$90K | -8,332 | Closed |
|
78
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$14K | -1,300 | Closed |
|
|
WA
79
WestEnd Advisors
Charlotte,
North Carolina
| – | -$3.37K | -310 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$2.92K | -274 | -100% |
|
|
PTC
81
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -204 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | +$245 | +23 | +153% |
|
FDD Hedge Fund Activity: Q3 2022 in Review
73 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2022, worth a combined $71.1M — down 28% from $99.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FDD and 5 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 17 added.
The largest buyer was Jane Street, opening a new position worth an estimated $3.86M. The largest seller was Gradient Investments, exiting entirely with an estimated $7.99M sold.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2022, down from 78 in Q2 2022.
- Funds reported $71.1M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2022, down 28% quarter-over-quarter.
- 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2022 and 9 closed out, a net change of -4 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2022 was Jane Street, an estimated $3.86M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2022 was Gradient Investments, an estimated $7.99M sold.
Based on aggregated 13F filings for Q3 2022.