First Trust STOXX European Select Dividend Income Fund
FDD
42 hedge funds and large institutions have $61.9M invested in First Trust STOXX European Select Dividend Income Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
5% more funds holding
Funds holding: 40 → 42 (+2)
0.76% less ownership
Funds ownership: 39.56% → 38.79% (-0.76%)
1% less capital invested
Capital invested by funds: $62.5M → $61.9M (-$599K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.47M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.76M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$833K |
| 5 |
Jane Street
New York
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$3.39M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.32M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.37M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$669K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$295K |
FDD Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2016, worth a combined $61.9M — down 0.96% from $62.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDD positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.47M. The largest seller was SG Americas Securities, exiting entirely with an estimated $3.39M sold.
- 42 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2016, up from 40 in Q1 2016.
- Funds reported $61.9M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2016, down 0.96% quarter-over-quarter.
- 7 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2016 and 5 closed out, a net change of +2 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2016 was Morgan Stanley, an estimated $3.47M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2016 was SG Americas Securities, an estimated $3.39M sold.
Based on aggregated 13F filings for Q2 2016.