First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $96.1M invested in First Trust STOXX European Select Dividend Income Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 69 → 73 (+4)
5% more capital invested
Capital invested by funds: $91.4M → $96.1M (+$4.7M)
4.07% more ownership
Funds ownership: 49.55% → 53.62% (+4.1%)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.58M |
| 2 |
Morgan Stanley
New York
|
+$2.51M |
| 3 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$1.14M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$766K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.44M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$668K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$529K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$423K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIA
76
Dana Investment Advisors
Waukesha,
Wisconsin
| – | -$117K | -10,303 | Closed |
|
77
Rockefeller Capital Management
New York
| – | -$115K | -10,120 | Closed |
|
|
IGWM
78
ICA Group Wealth Management
Denver,
Colorado
| – | -$26.4K | -2,324 | Closed |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6.63K | -584 | Closed |
|
|
PGAM
80
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$3.63K | -320 | Closed |
|
|
SIS
81
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$1.06K | -94 | Closed |
|
FDD Hedge Fund Activity: Q3 2023 in Review
73 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2023, worth a combined $96.1M — up 5.1% from $91.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDD positions and 8 closed out — a net gain of 4 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $6.58M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $2.44M sold.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2023, up from 69 in Q2 2023.
- Funds reported $96.1M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2023, up 5.1% quarter-over-quarter.
- 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2023 and 8 closed out, a net change of +4 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2023 was Jane Street, an estimated $6.58M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2023 was Mirae Asset Global Investments, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2023.