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First Trust STOXX European Select Dividend Income Fund

68 hedge funds and large institutions have $107M invested in First Trust STOXX European Select Dividend Income Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.6% less ownership

Funds ownership: 38.12%36.52% (-1.6%)

8% less funds holding

Funds holding: 7468 (-6)

8% less capital invested

Capital invested by funds: $117M → $107M (-$9.81M)

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

65% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 34

Holders
68
Holders Change
-6
Holders Change %
-8.11%
% of All Funds
1.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
12
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$35.5M -$4.07M -327,699 -11%
UBS Group
2
UBS Group
Switzerland
$16.1M -$417K -33,528 -3%
Bank of America
3
Bank of America
North Carolina
$9.44M -$646 -52 -0%
Wells Fargo
4
Wells Fargo
California
$6.89M -$1.59M -128,204 -19%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$5.72M +$388K +31,230 +7%
LPL Financial
6
LPL Financial
California
$5.69M +$606K +48,770 +12%
RJA
7
Raymond James & Associates
Florida
$2.25M -$36.7K -2,956 -2%
Ameriprise
8
Ameriprise
Minnesota
$2.2M -$215K -17,335 -9%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$2.03M -$637K -51,258 -24%
MMHP
10
Murphy Middleton Hinkle & Parker
Georgia
$1.63M -$36.5K -2,934 -2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.51M -$940K -75,672 -39%
SI
12
Stephens Inc
Arkansas
$1.49M
Citigroup
13
Citigroup
New York
$1.42M -$359K -28,895 -21%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$930K -$6.54K -526 -0.7%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$929K -$8.79K -707 -1%
Jane Street
16
Jane Street
New York
$840K -$1.09M -88,057 -57%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$815K -$52.4K -4,215 -6%
AG
18
Advisor Group
Arizona
$752K +$218K +17,556 +42%
BKA
19
Brick & Kyle Associates
Pennsylvania
$718K -$162K -13,071 -20%
IP
20
Intellectus Partners
California
$702K -$307K -24,688 -31%
BTS
21
BB&T Securities
Virginia
$619K -$85.6K -6,892 -12%
JP Morgan Chase
22
JP Morgan Chase
New York
$594K -$78.4K -6,308 -12%
Prudential Financial
23
Prudential Financial
New Jersey
$593K +$224K +18,023 +63%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$560K -$149K -11,973 -21%
Mirae Asset Global Investments
25
Mirae Asset Global Investments
South Korea
$478K +$291K +23,400 +166%

FDD Hedge Fund Activity: Q3 2019 in Review

68 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2019, worth a combined $107M — down 8.4% from $117M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FDD and 8 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 12 added.

The largest buyer was LPL Financial, adding an estimated $606K. The largest seller was Morgan Stanley, cutting an estimated $4.07M.

  • 68 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2019, down from 74 in Q2 2019.
  • Funds reported $107M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2019, down 8.4% quarter-over-quarter.
  • 8 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2019 and 12 closed out, a net change of -4 holders.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2019 was LPL Financial, an estimated $606K added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2019 was Morgan Stanley, an estimated $4.07M sold.

Based on aggregated 13F filings for Q3 2019.