First Trust STOXX European Select Dividend Income Fund
FDD
69 hedge funds and large institutions have $91.4M invested in First Trust STOXX European Select Dividend Income Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 7 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
2.08% more ownership
Funds ownership: 47.47% → 49.55% (+2.1%)
3% more capital invested
Capital invested by funds: $88.4M → $91.4M (+$2.98M)
4% less funds holding
Funds holding: 72 → 69 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $200K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$9.36M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$819K |
| 4 |
NLP
Next Level Private
Harrison,
New York
|
+$678K |
| 5 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$536K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.2M |
| 2 |
Morgan Stanley
New York
|
-$2.38M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.56M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$743K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$505K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$3.05K | -262 | Closed |
|
FDD Hedge Fund Activity: Q2 2023 in Review
69 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2023, worth a combined $91.4M — up 3.4% from $88.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FDD and 5 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was Sterling Manor Financial, opening a new position worth an estimated $9.36M. The largest seller was Jane Street, exiting entirely with an estimated $3.2M sold.
- 69 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2023, down from 72 in Q1 2023.
- Funds reported $91.4M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2023, up 3.4% quarter-over-quarter.
- 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2023 was Sterling Manor Financial, an estimated $9.36M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2023 was Jane Street, an estimated $3.2M sold.
Based on aggregated 13F filings for Q2 2023.