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First Trust STOXX European Select Dividend Income Fund

46 hedge funds and large institutions have $67.7M invested in First Trust STOXX European Select Dividend Income Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0.51% more ownership

Funds ownership: 41.96%42.48% (+0.51%)

4% less capital invested

Capital invested by funds: $70.4M → $67.7M (-$2.71M)

8% less funds holding

Funds holding: 5046 (-4)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
46
Holders Change
-4
Holders Change %
-8%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
16
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$18.6M -$1.68M -135,451 -8%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$7.57M +$952K +76,762 +14%
Wells Fargo
3
Wells Fargo
California
$6.86M -$1.47M -118,603 -17%
UBS Group
4
UBS Group
Switzerland
$4.9M -$2.63M -212,189 -35%
Bank of America
5
Bank of America
North Carolina
$4.3M -$180K -14,514 -4%
LPL Financial
6
LPL Financial
California
$4.05M +$1.88M +151,529 +81%
SG Americas Securities
7
SG Americas Securities
New York
$3.4M
HighTower Advisors
8
HighTower Advisors
Illinois
$2.24M +$214K +17,237 +10%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$1.76M +$174 +14 +0%
SFG
10
SNS Financial Group
Minnesota
$1.36M +$1.38M +111,618 New
RJA
11
Raymond James & Associates
Florida
$1.04M +$302K +24,303 +40%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$1M -$115K -9,280 -10%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$1M -$85K -6,848 -8%
VKH
14
Virtu KCG Holdings
New York
$935K -$1.28M -103,321 -57%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$924K -$93.6K -7,547 -9%
Jane Street
16
Jane Street
New York
$805K -$233K -18,770 -22%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$672K +$41.2K +3,324 +6%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$622K +$35K +2,818 +6%
Citadel Advisors
19
Citadel Advisors
Florida
$612K -$464K -37,391 -43%
Koshinski Asset Management
20
Koshinski Asset Management
Illinois
$564K +$4.08K +329 +0.7%
CA
21
Cetera Advisors
Colorado
$450K -$76.9K -6,200 -14%
IH
22
IFC Holdings
Florida
$358K -$61.3K -4,941 -14%
IA
23
IFP Advisors
Florida
$345K +$351K +28,294 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$330K +$51.1K +4,123 +18%
OMC
25
Old Mission Capital
Illinois
$318K +$324K +26,116 New

FDD Hedge Fund Activity: Q4 2015 in Review

46 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q4 2015, worth a combined $67.7M — down 3.8% from $70.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FDD and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 16 added.

The largest buyer was LPL Financial, adding an estimated $1.88M. The largest seller was UBS Group, cutting an estimated $2.63M.

  • 46 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q4 2015, down from 50 in Q3 2015.
  • Funds reported $67.7M of First Trust STOXX European Select Dividend Income Fund stock for Q4 2015, down 3.8% quarter-over-quarter.
  • 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q4 2015 and 8 closed out, a net change of -3 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q4 2015 was LPL Financial, an estimated $1.88M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q4 2015 was UBS Group, an estimated $2.63M sold.

Based on aggregated 13F filings for Q4 2015.