First Trust STOXX European Select Dividend Income Fund
FDD
72 hedge funds and large institutions have $88.4M invested in First Trust STOXX European Select Dividend Income Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
17% more capital invested
Capital invested by funds: $75.7M → $88.4M (+$12.7M)
3.95% more ownership
Funds ownership: 43.52% → 47.47% (+3.9%)
1% less funds holding
Funds holding: 73 → 72 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.52M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.34M |
| 4 |
Jane Street
New York
|
+$1.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.79M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.2M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$544K |
| 4 |
IP
Intellectus Partners
San Francisco,
California
|
-$381K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$116K | -10,236 | Closed |
|
|
CAS
77
Coppell Advisory Solutions
Coppell,
Texas
| – | -$64.4K | -5,670 | Closed |
|
|
CASC
78
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$64.4K | -5,670 | Closed |
|
|
MCC
79
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$28.8K | -2,535 | Closed |
|
80
Creative Planning
Overland Park,
Kansas
| – | -$8.97K | -790 | Closed |
|
FDD Hedge Fund Activity: Q1 2023 in Review
72 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2023, worth a combined $88.4M — up 17% from $75.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FDD and 8 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $6.48M. The largest seller was UBS Group, cutting an estimated $2.79M.
- 72 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2023, down from 73 in Q4 2022.
- Funds reported $88.4M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2023, up 17% quarter-over-quarter.
- 8 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $6.48M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2023 was UBS Group, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2023.