First Trust STOXX European Select Dividend Income Fund
FDD
33 hedge funds and large institutions have $63.9M invested in First Trust STOXX European Select Dividend Income Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
34% more capital invested
Capital invested by funds: $47.6M → $63.9M (+$16.3M)
32% more funds holding
Funds holding: 25 → 33 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.7% less ownership
Funds ownership: 41.57% → 39.86% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.54M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.06M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$573K |
| 3 |
Goldman Sachs
New York
|
-$200K |
| 4 |
Jane Street
New York
|
-$161K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$35.4K |
FDD Hedge Fund Activity: Q2 2014 in Review
33 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2014, worth a combined $63.9M — up 34% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDD positions and 1 closed out — a net gain of 8 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.54M. The largest seller was UBS, cutting an estimated $1.06M.
- 33 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2014, up from 25 in Q1 2014.
- Funds reported $63.9M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2014, up 34% quarter-over-quarter.
- 9 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2014 and 1 closed out, a net change of +8 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2014 was Morgan Stanley, an estimated $6.54M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2014 was UBS, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2014.