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First Trust STOXX European Select Dividend Income Fund

56 hedge funds and large institutions have $63M invested in First Trust STOXX European Select Dividend Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 28 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.28% more ownership

Funds ownership: 34.68%34.96% (+0.28%)

2% less funds holding

Funds holding: 5756 (-1)

9% less capital invested

Capital invested by funds: $69.6M → $63M (-$6.6M)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

54% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 28

Holders
56
Holders Change
-1
Holders Change %
-1.75%
% of All Funds
1.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
13
Reduced
28
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$21.7M -$378K -34,633 -2%
UBS Group
2
UBS Group
Switzerland
$10.9M +$653K +59,826 +6%
Bank of America
3
Bank of America
North Carolina
$4.8M +$648K +59,441 +15%
Wells Fargo
4
Wells Fargo
California
$3.19M -$204K -18,673 -6%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$3.01M -$899K -82,375 -22%
LPL Financial
6
LPL Financial
California
$2.9M -$907K -83,173 -23%
Ameriprise
7
Ameriprise
Minnesota
$1.7M +$60.6K +5,551 +3%
Citadel Advisors
8
Citadel Advisors
Florida
$1.7M +$1.3M +118,905 +254%
Osaic Holdings
9
Osaic Holdings
Arizona
$1.4M -$169K -15,470 -10%
MMHP
10
Murphy Middleton Hinkle & Parker
Georgia
$1.32M -$2.78K -255 -0.2%
Mirae Asset Global Investments
11
Mirae Asset Global Investments
South Korea
$1.03M
SI
12
Stephens Inc
Arkansas
$918K
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$697K -$138K -12,640 -16%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$502K -$1.83M -167,876 -77%
Jane Street
15
Jane Street
New York
$494K -$894K -81,923 -63%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$432K -$134K -12,306 -23%
RJA
17
Raymond James & Associates
Florida
$396K -$529K -48,519 -56%
BKA
18
Brick & Kyle Associates
Pennsylvania
$368K +$5.7K +522 +1%
Truist Financial
19
Truist Financial
North Carolina
$362K +$9.57K +877 +3%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$357K -$314K -28,762 -45%
Stifel Financial
21
Stifel Financial
Missouri
$338K +$163K +14,913 +83%
WI
22
Wintrust Investments
Illinois
$291K
SPC
23
Sigma Planning Corp
Michigan
$289K -$301K -27,585 -49%
FAAS
24
First Allied Advisory Services
California
$288K -$76.4K -7,005 -20%
OMC
25
Old Mission Capital
Illinois
$288K +$95.1K +8,713 +45%

FDD Hedge Fund Activity: Q3 2020 in Review

56 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2020, worth a combined $63M — down 9.5% from $69.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FDD and 5 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 13 added.

The largest buyer was Citadel Advisors, adding an estimated $1.3M. The largest seller was Royal Bank of Canada, cutting an estimated $1.83M.

  • 56 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2020, down from 57 in Q2 2020.
  • Funds reported $63M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2020, down 9.5% quarter-over-quarter.
  • 5 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2020 and 6 closed out, a net change of -1 holder.
  • The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2020 was Citadel Advisors, an estimated $1.3M added.
  • The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $1.83M sold.

Based on aggregated 13F filings for Q3 2020.