First Trust STOXX European Select Dividend Income Fund
FDD
50 hedge funds and large institutions have $70.4M invested in First Trust STOXX European Select Dividend Income Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 49 → 50 (+1)
8.72% less ownership
Funds ownership: 50.68% → 41.96% (-8.7%)
32% less capital invested
Capital invested by funds: $103M → $70.4M (-$32.7M)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.53M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$2.27M |
| 3 |
Jane Street
New York
|
+$705K |
| 4 |
JP Morgan Chase
New York
|
+$499K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.75M |
| 3 |
Morgan Stanley
New York
|
-$5.87M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.66M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.9M |
FDD Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2015, worth a combined $70.4M — down 32% from $103M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDD positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 20 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $2.53M. The largest seller was Royal Bank of Canada, cutting an estimated $9.83M.
- 50 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2015, up from 49 in Q2 2015.
- Funds reported $70.4M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2015, down 32% quarter-over-quarter.
- 6 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2015 and 4 closed out, a net change of +2 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2015 was SG Americas Securities, an estimated $2.53M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2015 was Royal Bank of Canada, an estimated $9.83M sold.
Based on aggregated 13F filings for Q3 2015.