First Trust Morningstar Dividend Leaders Index Fund
91 hedge funds and large institutions have $333M invested in First Trust Morningstar Dividend Leaders Index Fund in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 21 reducing their positions, and 8 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 21
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
5% more funds holding
Funds holding: 87 → 91 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.7% less ownership
Funds ownership: 40.1% → 35.39% (-4.7%)
17% less capital invested
Capital invested by funds: $401M → $333M (-$67.8M)
Top Buyers
| 1 |
Citigroup
New York
|
+$8.41M |
| 2 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$3.05M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.48M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.52M |
Top Sellers
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$69.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.39M |
| 4 |
Millennium Management
New York
|
-$1.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
FDL Hedge Fund Activity: Q1 2015 in Review
91 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2015, worth a combined $333M — down 17% from $401M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FDL positions and 8 closed out — a net gain of 7 holders — while 46 added to existing stakes and 21 trimmed.
The largest buyer was Citigroup, adding an estimated $8.41M. The largest seller was Churchill Management, cutting an estimated $69.1M.
- 91 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2015, up from 87 in Q4 2014.
- Funds reported $333M of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2015, down 17% quarter-over-quarter.
- 15 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2015 and 8 closed out, a net change of +7 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2015 was Citigroup, an estimated $8.41M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2015 was Churchill Management, an estimated $69.1M sold.
Based on aggregated 13F filings for Q1 2015.