First Trust Morningstar Dividend Leaders Index Fund
361 hedge funds and large institutions have $2.52B invested in First Trust Morningstar Dividend Leaders Index Fund in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 167 reducing their positions, and 37 closing their positions.
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
5% more capital invested
Capital invested by funds: $2.4B → $2.52B (+$121M)
4% more funds holding
Funds holding: 347 → 361 (+14)
4.01% more ownership
Funds ownership: 59.06% → 63.07% (+4%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
50% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 167
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$206M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.89M |
| 3 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$3.79M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$3.18M |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$73.4M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$21.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$16M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$14.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13.4M |
FDL Hedge Fund Activity: Q4 2023 in Review
361 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2023, worth a combined $2.52B — up 5% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FDL positions and 37 closed out — a net gain of 16 holders — while 84 added to existing stakes and 167 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $206M. The largest seller was Cetera Investment Advisers, cutting an estimated $73.4M.
- 361 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2023, up from 347 in Q3 2023.
- Funds reported $2.52B of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2023, up 5% quarter-over-quarter.
- 53 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2023 and 37 closed out, a net change of +16 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $206M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2023 was Cetera Investment Advisers, an estimated $73.4M sold.
Based on aggregated 13F filings for Q4 2023.