First Trust STOXX European Select Dividend Income Fund
FDD
74 hedge funds and large institutions have $117M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 31 reducing their positions, and 11 closing their positions.
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 74 → 74 (0)
4.92% less ownership
Funds ownership: 43.03% → 38.12% (-4.9%)
22% less capital invested
Capital invested by funds: $150M → $117M (-$32.9M)
42% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.19M |
| 2 |
Jane Street
New York
|
+$833K |
| 3 |
LPL Financial
San Diego,
California
|
+$494K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$422K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWM
Liberty Wealth Management
Oakland,
California
|
-$22.8M |
| 2 |
Morgan Stanley
New York
|
-$5.14M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.53M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$833K |
FDD Hedge Fund Activity: Q2 2019 in Review
74 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q2 2019, worth a combined $117M — down 22% from $150M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDD positions and 11 closed out — a net gain of 1 holder — while 18 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.19M. The largest seller was Liberty Wealth Management, cutting an estimated $22.8M.
- 74 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $117M of First Trust STOXX European Select Dividend Income Fund stock for Q2 2019, down 22% quarter-over-quarter.
- 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q2 2019 and 11 closed out, a net change of +1 holder.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q2 2019 was Wells Fargo, an estimated $1.19M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q2 2019 was Liberty Wealth Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2019.