First Trust Morningstar Dividend Leaders Index Fund
362 hedge funds and large institutions have $2.3B invested in First Trust Morningstar Dividend Leaders Index Fund in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 114 increasing their positions, 153 reducing their positions, and 28 closing their positions.
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
0% more funds holding
Funds holding: 361 → 362 (+1)
6.53% less ownership
Funds ownership: 63.07% → 56.54% (-6.5%)
9% less capital invested
Capital invested by funds: $2.52B → $2.3B (-$219M)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
25% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 153
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$69.5M |
| 2 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$12.7M |
| 3 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$10.1M |
| 4 |
RL
Retireful LLC
Haslett,
Michigan
|
+$5.29M |
| 5 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$245M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$58M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.3M |
| 4 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$18.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$17.5M |
FDL Hedge Fund Activity: Q1 2024 in Review
362 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2024, worth a combined $2.3B — down 8.7% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FDL positions and 28 closed out — a net gain of 9 holders — while 114 added to existing stakes and 153 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $69.5M. The largest seller was Morgan Stanley, cutting an estimated $245M.
- 362 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2024, up from 361 in Q4 2023.
- Funds reported $2.3B of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2024, down 8.7% quarter-over-quarter.
- 37 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2024 and 28 closed out, a net change of +9 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $69.5M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $245M sold.
Based on aggregated 13F filings for Q1 2024.