First Trust STOXX European Select Dividend Income Fund
FDD
43 hedge funds and large institutions have $81.6M invested in First Trust STOXX European Select Dividend Income Fund in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
34% more funds holding
Funds holding: 32 → 43 (+11)
17% more capital invested
Capital invested by funds: $69.9M → $81.6M (+$11.7M)
5.45% more ownership
Funds ownership: 40.78% → 46.23% (+5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.2M |
| 2 |
Jane Street
New York
|
+$2.49M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2M |
| 4 |
AIG
American International Group
New York
|
+$1.29M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.35M |
| 2 |
SG Americas Securities
New York
|
-$815K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$798K |
| 4 |
Goldman Sachs
New York
|
-$563K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$124K |
FDD Hedge Fund Activity: Q4 2014 in Review
43 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2014, worth a combined $81.6M — up 17% from $69.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FDD positions and 4 closed out — a net gain of 12 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $10.2M. The largest seller was Morgan Stanley, cutting an estimated $8.35M.
- 43 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $81.6M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2014, up 17% quarter-over-quarter.
- 16 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2014 and 4 closed out, a net change of +12 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2014 was Royal Bank of Canada, an estimated $10.2M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2014 was Morgan Stanley, an estimated $8.35M sold.
Based on aggregated 13F filings for Q4 2014.