First Trust STOXX European Select Dividend Income Fund
FDD
19 hedge funds and large institutions have $16.1M invested in First Trust STOXX European Select Dividend Income Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
10% more capital invested
Capital invested by funds: $14.6M → $16.1M (+$1.52M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
5% less funds holding
Funds holding: 20 → 19 (-1)
6.25% less ownership
Funds ownership: 32.82% → 26.58% (-6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.54M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.32M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$455K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$442K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.95M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.33M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$469K |
| 4 |
Jane Street
New York
|
-$389K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$173K |
FDD Hedge Fund Activity: Q3 2013 in Review
19 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2013, worth a combined $16.1M — up 10% from $14.6M a quarter earlier.
Fund positioning in FDD was balanced in Q3 2013: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.54M. The largest seller was Bank of America, cutting an estimated $1.95M.
- 19 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2013, down from 20 in Q2 2013.
- Funds reported $16.1M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2013, up 10% quarter-over-quarter.
- 4 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2013 and 4 closed out, a net change of 0 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2013 was Morgan Stanley, an estimated $1.54M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2013 was Bank of America, an estimated $1.95M sold.
Based on aggregated 13F filings for Q3 2013.