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First Trust STOXX European Select Dividend Income Fund

74 hedge funds and large institutions have $150M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 30 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $154M → $150M (-$4.47M)

1.7% less ownership

Funds ownership: 44.73%43.03% (-1.7%)

4% less funds holding

Funds holding: 7774 (-3)

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

40% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 30

Holders
74
Holders Change
-3
Holders Change %
-3.9%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
18
Reduced
30
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$45.1M -$87.9K -6,940 -0.2%
LWM
2
Liberty Wealth Management
California
$23.1M +$256K +20,223 +1%
UBS Group
3
UBS Group
Switzerland
$18.2M -$13.3M -1,049,055 -43%
Bank of America
4
Bank of America
North Carolina
$10.3M -$29.5K -2,330 -0.3%
Wells Fargo
5
Wells Fargo
California
$7.39M -$1.05M -82,637 -13%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$5.45M -$72.4K -5,710 -1%
LPL Financial
7
LPL Financial
California
$4.61M -$275K -21,722 -6%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.79M +$1.38M +108,573 +58%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$2.81M -$138K -10,870 -5%
RJA
10
Raymond James & Associates
Florida
$2.39M +$806K +63,618 +52%
Citigroup
11
Citigroup
New York
$2.3M -$432K -34,125 -16%
Ameriprise
12
Ameriprise
Minnesota
$2.27M -$306K -24,152 -12%
Citadel Advisors
13
Citadel Advisors
Florida
$1.97M -$2.13M -167,978 -52%
MMHP
14
Murphy Middleton Hinkle & Parker
Georgia
$1.77M +$15.7K +1,241 +0.9%
SI
15
Stephens Inc
Arkansas
$1.51M -$6.34K -500 -0.4%
Jane Street
16
Jane Street
New York
$1.14M +$1.13M +89,049 New
BTS
17
BB&T Securities
Virginia
$1.06M -$27.1K -2,141 -3%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$1M -$178K -14,045 -15%
IP
19
Intellectus Partners
California
$980K +$968K +76,393 New
RJFSA
20
Raymond James Financial Services Advisors
Florida
$867K -$111K -8,777 -11%
BKA
21
Brick & Kyle Associates
Pennsylvania
$839K +$1.93K +152 +0.2%
Prudential Financial
22
Prudential Financial
New Jersey
$817K +$417K +32,930 +107%
SFG
23
SNS Financial Group
Minnesota
$786K -$14.7K -1,162 -2%
JP Morgan Chase
24
JP Morgan Chase
New York
$688K +$53.2K +4,200 +8%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$661K -$179K -14,121 -22%

FDD Hedge Fund Activity: Q1 2019 in Review

74 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q1 2019, worth a combined $150M — down 2.9% from $154M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FDD and 12 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 18 added.

The largest buyer was Royal Bank of Canada, adding an estimated $1.38M. The largest seller was UBS Group, cutting an estimated $13.3M.

  • 74 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q1 2019, down from 77 in Q4 2018.
  • Funds reported $150M of First Trust STOXX European Select Dividend Income Fund stock for Q1 2019, down 2.9% quarter-over-quarter.
  • 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q1 2019 and 14 closed out, a net change of -2 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q1 2019 was Royal Bank of Canada, an estimated $1.38M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q1 2019 was UBS Group, an estimated $13.3M sold.

Based on aggregated 13F filings for Q1 2019.