First Trust Morningstar Dividend Leaders Index Fund
73 hedge funds and large institutions have $233M invested in First Trust Morningstar Dividend Leaders Index Fund in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
13% more capital invested
Capital invested by funds: $206M → $233M (+$26.7M)
7% more funds holding
Funds holding: 68 → 73 (+5)
0.57% more ownership
Funds ownership: 30.37% → 30.94% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$13M |
| 2 |
AIG
American International Group
New York
|
+$2.47M |
| 3 |
BFG
Beacon Financial Group
Dallas,
Texas
|
+$1.44M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.4M |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$933K |
Top Sellers
| 1 |
SG Americas Securities
New York
|
-$4.75M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.96M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$792K |
| 5 |
Goldman Sachs
New York
|
-$373K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$792K | -35,200 | Closed |
|
|
77
Goldman Sachs
New York
| – | -$373K | -16,575 | Closed |
|
|
RFA
78
Reilly Financial Advisors
La Mesa,
California
| – | -$25K | -1,092 | Closed |
|
FDL Hedge Fund Activity: Q2 2014 in Review
73 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q2 2014, worth a combined $233M — up 13% from $206M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDL positions and 5 closed out — a net gain of 6 holders — while 36 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was SG Americas Securities, exiting entirely with an estimated $4.75M sold.
- 73 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q2 2014, up from 68 in Q1 2014.
- Funds reported $233M of First Trust Morningstar Dividend Leaders Index Fund stock for Q2 2014, up 13% quarter-over-quarter.
- 11 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q2 2014 and 5 closed out, a net change of +6 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q2 2014 was Morgan Stanley, an estimated $13M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q2 2014 was SG Americas Securities, an estimated $4.75M sold.
Based on aggregated 13F filings for Q2 2014.