First Trust Morningstar Dividend Leaders Index Fund
55 hedge funds and large institutions have $194M invested in First Trust Morningstar Dividend Leaders Index Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
21% more capital invested
Capital invested by funds: $161M → $194M (+$33.5M)
2.89% more ownership
Funds ownership: 27.22% → 30.11% (+2.9%)
2% less funds holding
Funds holding: 56 → 55 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$5.47M |
| 2 |
Goldman Sachs
New York
|
+$4.58M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.78M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$2.16M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.14M |
Top Sellers
FDL Hedge Fund Activity: Q3 2013 in Review
55 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2013, worth a combined $194M — up 21% from $161M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FDL and 9 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $5.47M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.13M sold.
- 55 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2013, down from 56 in Q2 2013.
- Funds reported $194M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2013, up 21% quarter-over-quarter.
- 9 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2013 and 10 closed out, a net change of -1 holder.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2013 was Morgan Stanley, an estimated $5.47M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2013 was Credit Suisse, an estimated $5.13M sold.
Based on aggregated 13F filings for Q3 2013.