First Trust STOXX European Select Dividend Income Fund
FDD
73 hedge funds and large institutions have $96.1M invested in First Trust STOXX European Select Dividend Income Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 8 closing their positions.
149% more capital inflows, than outflows
Capital inflows: $14.7M | Capital outflows: $5.89M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 69 → 73 (+4)
4.07% more ownership
Funds ownership: 49.55% → 53.62% (+4.1%)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.58M |
| 2 |
Morgan Stanley
New York
|
+$2.51M |
| 3 |
Elevated Capital Advisors
Sandy,
Utah
|
+$1.14M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$766K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.44M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$668K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$529K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$423K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$380K |
FDD Hedge Fund Activity: Q3 2023 in Review
73 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in First Trust STOXX European Select Dividend Income Fund (FDD) for Q3 2023, worth a combined $96.1M — up 5.1% from $91.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDD positions and 8 closed out — a net gain of 4 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $6.58M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $2.44M sold.
- 73 institutional investors held First Trust STOXX European Select Dividend Income Fund (FDD) as of Q3 2023, up from 69 in Q2 2023.
- Funds reported $96.1M of First Trust STOXX European Select Dividend Income Fund stock for Q3 2023, up 5.1% quarter-over-quarter.
- 12 funds opened new First Trust STOXX European Select Dividend Income Fund positions in Q3 2023 and 8 closed out, a net change of +4 holders.
- The largest First Trust STOXX European Select Dividend Income Fund buyer in Q3 2023 was Jane Street, an estimated $6.58M added.
- The largest First Trust STOXX European Select Dividend Income Fund seller in Q3 2023 was Mirae Asset Global Investments, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2023.