First Trust STOXX European Select Dividend Income Fund
FDD
20 hedge funds and large institutions have $30.1M invested in First Trust STOXX European Select Dividend Income Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 2 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
87% more capital invested
Capital invested by funds: $16.1M → $30.1M (+$14M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11.95% more ownership
Funds ownership: 26.58% → 38.52% (+12%)
5% more funds holding
Funds holding: 19 → 20 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.9M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.97M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.04M |
| 5 |
LPL Financial
San Diego,
California
|
+$467K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$775K |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$408K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$45.4K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$30.1K |
| 5 |
AIG
American International Group
New York
|
-$3.64K |
FDD Hedge Fund Activity: Q4 2013 in Review
20 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2013, worth a combined $30.1M — up 87% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FDD positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.41M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $775K sold.
- 20 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2013, up from 19 in Q3 2013.
- Funds reported $30.1M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2013, up 87% quarter-over-quarter.
- 3 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2013 was Morgan Stanley, an estimated $6.41M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2013 was Susquehanna International Group, an estimated $775K sold.
Based on aggregated 13F filings for Q4 2013.