First Trust Dynamic Europe Equity Income Fund
FDEU
FDEU was delisted on the 20th of November, 2023.
26 hedge funds and large institutions have $101M invested in First Trust Dynamic Europe Equity Income Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
15% more capital invested
Capital invested by funds: $88M → $101M (+$13.5M)
19% less funds holding
Funds holding: 32 → 26 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$5.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.58M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.46M |
| 4 |
Morgan Stanley
New York
|
+$1.43M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.25M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.63M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.51M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.25M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$882K |
FDEU Hedge Fund Activity: Q1 2017 in Review
26 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Dynamic Europe Equity Income Fund (FDEU) for Q1 2017, worth a combined $101M — up 15% from $88M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FDEU and 3 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 15 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $5.07M. The largest seller was Citigroup, exiting entirely with an estimated $2.25M sold.
- 26 institutional investors held First Trust Dynamic Europe Equity Income Fund (FDEU) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $101M of First Trust Dynamic Europe Equity Income Fund stock for Q1 2017, up 15% quarter-over-quarter.
- 3 funds opened new First Trust Dynamic Europe Equity Income Fund positions in Q1 2017 and 9 closed out, a net change of -6 holders.
- The largest First Trust Dynamic Europe Equity Income Fund buyer in Q1 2017 was Punch & Associates Investment Management, an estimated $5.07M added.
- The largest First Trust Dynamic Europe Equity Income Fund seller in Q1 2017 was Citigroup, an estimated $2.25M sold.
Based on aggregated 13F filings for Q1 2017.