First Trust STOXX European Select Dividend Income Fund
FDD
51 hedge funds and large institutions have $131M invested in First Trust STOXX European Select Dividend Income Fund in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 7 reducing their positions, and 4 closing their positions.
257% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 7
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
81% more capital invested
Capital invested by funds: $72.1M → $131M (+$58.5M)
16% more funds holding
Funds holding: 44 → 51 (+7)
0.38% less ownership
Funds ownership: 45.65% → 45.27% (-0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$31.2M |
| 2 |
Morgan Stanley
New York
|
+$9.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.62M |
| 5 |
Citigroup
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$5.47M |
| 2 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$652K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$447K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$378K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$64K |
FDD Hedge Fund Activity: Q1 2017 in Review
51 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2017, worth a combined $131M — up 81% from $72.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDD positions and 4 closed out — a net gain of 8 holders — while 25 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $31.2M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $5.47M sold.
- 51 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2017, up from 44 in Q4 2016.
- Funds reported $131M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2017, up 81% quarter-over-quarter.
- 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2017 and 4 closed out, a net change of +8 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2017 was UBS Group, an estimated $31.2M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2017 was Brinker Capital Investments, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2017.