First Trust STOXX European Select Dividend Income Fund
FDD
72 hedge funds and large institutions have $224M invested in First Trust STOXX European Select Dividend Income Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 11 closing their positions.
0.8% less ownership
Funds ownership: 45.38% → 44.58% (-0.8%)
9% less funds holding
Funds holding: 79 → 72 (-7)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
11% less capital invested
Capital invested by funds: $251M → $224M (-$27.1M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.22M |
| 2 |
MMHP
Murphy Middleton Hinkle & Parker
Thomasville,
Georgia
|
+$507K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$323K |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$283K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$7.89M |
| 2 |
Morgan Stanley
New York
|
-$3.39M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 4 |
Jane Street
New York
|
-$2.01M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.56M |
FDD Hedge Fund Activity: Q2 2018 in Review
72 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2018, worth a combined $224M — down 11% from $251M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FDD and 5 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was Citadel Advisors, adding an estimated $5.22M. The largest seller was Milestone Advisory Partners, exiting entirely with an estimated $7.89M sold.
- 72 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2018, down from 79 in Q1 2018.
- Funds reported $224M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2018, down 11% quarter-over-quarter.
- 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2018 and 11 closed out, a net change of -6 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2018 was Citadel Advisors, an estimated $5.22M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2018 was Milestone Advisory Partners, an estimated $7.89M sold.
Based on aggregated 13F filings for Q2 2018.