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First Trust Morningstar Dividend Leaders Index Fund

210 hedge funds and large institutions have $740M invested in First Trust Morningstar Dividend Leaders Index Fund in 2019 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 40 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

529% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 7

113% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 40

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

20% more funds holding

Funds holding: 175210 (+35)

14% more capital invested

Capital invested by funds: $647M → $740M (+$92.9M)

1.59% more ownership

Funds ownership: 38.54%40.13% (+1.6%)

Holders
210
Holders Change
+35
Holders Change %
+20%
% of All Funds
4.14%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.14%
New
44
Increased
85
Reduced
40
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIFAIM
51
American Institute for Advanced Investment Management
Arizona
$1.91M +$1.86M +58,510 New
APW
52
Austin Private Wealth
Texas
$1.86M +$1.82M +57,072 New
CAN
53
Cetera Advisor Networks
California
$1.8M -$34.1K -1,071 -2%
JMPWA
54
JP Morgan Private Wealth Advisors
California
$1.76M +$9.74K +306 +0.6%
CS
55
Credit Suisse
Switzerland
$1.72M +$885K +27,805 +112%
LNC
56
Lincoln National Corp
Pennsylvania
$1.54M +$279K +8,776 +23%
UBG
57
United Bank (Georgia)
Georgia
$1.5M -$6.75K -212 -0.5%
AFP
58
Ausdal Financial Partners
Iowa
$1.43M
DWM
59
Doyle Wealth Management
Florida
$1.4M -$9.52K -299 -0.7%
SPIA
60
Steward Partners Investment Advisory
New York
$1.33M +$177K +5,573 +16%
Mariner
61
Mariner
Kansas
$1.33M +$364K +11,438 +39%
Northwestern Mutual Wealth Management
62
Northwestern Mutual Wealth Management
Wisconsin
$1.24M +$556K +17,475 +85%
NA
63
NewEdge Advisors
Louisiana
$1.22M -$72.2K -2,269 -6%
GWM
64
Geneos Wealth Management
Colorado
$1.15M -$20.2K -635 -2%
Koshinski Asset Management
65
Koshinski Asset Management
Illinois
$1.13M +$44.6K +1,400 +4%
Brown Advisory
66
Brown Advisory
Maryland
$1.12M +$1.1M +34,486 New
JWCA
67
J.W. Cole Advisors
Florida
$1.12M +$1.1M +34,509 New
BFEC
68
Benjamin F. Edwards & Company
Missouri
$1.11M +$218K +6,856 +25%
PFS
69
Prospera Financial Services
Texas
$1.09M +$48.4K +1,522 +5%
MCCP
70
Mission Creek Capital Partners
California
$1.08M +$1.05M +33,072 New
LW
71
Linscomb Wealth
Texas
$1.07M
LA
72
LexAurum Advisors
Kansas
$1.07M +$180K +5,651 +21%
SWP
73
Stratos Wealth Partners
Ohio
$1.03M +$98.2K +3,085 +11%
IWM
74
IHT Wealth Management
Illinois
$1.03M -$861K -27,067 -46%
IC
75
Inscription Capital
Texas
$1.02M +$993K +31,210 New

FDL Hedge Fund Activity: Q4 2019 in Review

210 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2019, worth a combined $740M — up 14% from $647M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FDL positions and 7 closed out — a net gain of 37 holders — while 85 added to existing stakes and 40 trimmed.

The largest buyer was Truist Financial, opening a new position worth an estimated $17M. The largest seller was Mariner Independent Advisor Network, cutting an estimated $8.69M.

  • 210 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2019, up from 175 in Q3 2019.
  • Funds reported $740M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2019, up 14% quarter-over-quarter.
  • 44 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2019 and 7 closed out, a net change of +37 holders.
  • The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2019 was Truist Financial, an estimated $17M added.
  • The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2019 was Mariner Independent Advisor Network, an estimated $8.69M sold.

Based on aggregated 13F filings for Q4 2019.