First Trust STOXX European Select Dividend Income Fund
FDD
25 hedge funds and large institutions have $47.6M invested in First Trust STOXX European Select Dividend Income Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 2 reducing their positions, and 1 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 2
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
58% more capital invested
Capital invested by funds: $30.1M → $47.6M (+$17.5M)
25% more funds holding
Funds holding: 20 → 25 (+5)
3.04% more ownership
Funds ownership: 38.52% → 41.57% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$5.26M |
| 2 |
Morgan Stanley
New York
|
+$3.99M |
| 3 |
IPC
Independent Portfolio Consultants
Boca Raton,
Florida
|
+$3.92M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$535K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$259K |
FDD Hedge Fund Activity: Q1 2014 in Review
25 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2014, worth a combined $47.6M — up 58% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDD positions and 1 closed out — a net gain of 5 holders — while 14 added to existing stakes and 2 trimmed.
The largest buyer was UBS, adding an estimated $5.26M. The largest seller was Wells Fargo, cutting an estimated $1.66M.
- 25 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2014, up from 20 in Q4 2013.
- Funds reported $47.6M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2014, up 58% quarter-over-quarter.
- 6 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2014 and 1 closed out, a net change of +5 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2014 was UBS, an estimated $5.26M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2014 was Wells Fargo, an estimated $1.66M sold.
Based on aggregated 13F filings for Q1 2014.