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First Trust STOXX European Select Dividend Income Fund

59 hedge funds and large institutions have $212M invested in First Trust STOXX European Select Dividend Income Fund in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

288% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 8

62% more capital invested

Capital invested by funds: $131M → $212M (+$81.1M)

16% more funds holding

Funds holding: 5159 (+8)

1.32% more ownership

Funds ownership: 45.27%46.59% (+1.3%)

Holders
59
Holders Change
+8
Holders Change %
+15.69%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
31
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$76M +$26M +1,997,419 +52%
Morgan Stanley
2
Morgan Stanley
New York
$39.4M +$6.3M +484,426 +19%
Bank of America
3
Bank of America
North Carolina
$30.8M +$16.2M +1,243,604 +112%
Wells Fargo
4
Wells Fargo
California
$12.1M +$2.39M +184,002 +25%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$6.78M +$5.42M +416,700 +407%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$6.58M +$4.69M +360,928 +253%
AG
7
Advisor Group
Arizona
$6.42M +$4.98M +383,147 +354%
LPL Financial
8
LPL Financial
California
$3.54M +$1.05M +80,903 +43%
HighTower Advisors
9
HighTower Advisors
Illinois
$3.39M +$210K +16,184 +7%
Citigroup
10
Citigroup
New York
$3.17M +$541K +41,639 +21%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$1.92M +$616K +47,386 +48%
RJA
12
Raymond James & Associates
Florida
$1.69M +$585K +45,015 +54%
William Blair & Company
13
William Blair & Company
Illinois
$1.48M +$1.47M +113,105 New
WI
14
Wintrust Investments
Illinois
$1.45M +$264K +20,285 +22%
JP Morgan Chase
15
JP Morgan Chase
New York
$1.38M +$475K +36,550 +53%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$1.21M +$374K +28,776 +45%
SFG
17
SNS Financial Group
Minnesota
$1.2M -$111K -8,550 -9%
Citadel Advisors
18
Citadel Advisors
Florida
$1.12M +$1.11M +85,767 New
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.07M +$364K +27,988 +52%
BKA
20
Brick & Kyle Associates
Pennsylvania
$982K +$105K +8,080 +12%
SI
21
Stephens Inc
Arkansas
$860K +$51.1K +3,934 +6%
Koshinski Asset Management
22
Koshinski Asset Management
Illinois
$662K +$3.37K +259 +0.5%
DADC
23
D.A. Davidson & Co
Montana
$652K +$189K +14,548 +41%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$636K +$441K +33,922 +230%
Ameriprise
25
Ameriprise
Minnesota
$632K +$165K +12,691 +36%

FDD Hedge Fund Activity: Q2 2017 in Review

59 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2017, worth a combined $212M — up 62% from $131M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FDD positions and 2 closed out — a net gain of 8 holders — while 31 added to existing stakes and 8 trimmed.

The largest buyer was UBS Group, adding an estimated $26M. The largest seller was Jane Street, cutting an estimated $1.88M.

  • 59 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2017, up from 51 in Q1 2017.
  • Funds reported $212M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2017, up 62% quarter-over-quarter.
  • 10 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2017 and 2 closed out, a net change of +8 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2017 was UBS Group, an estimated $26M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2017 was Jane Street, an estimated $1.88M sold.

Based on aggregated 13F filings for Q2 2017.