First Trust Morningstar Dividend Leaders Index Fund
132 hedge funds and large institutions have $760M invested in First Trust Morningstar Dividend Leaders Index Fund in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 6 closing their positions.
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
12% more funds holding
Funds holding: 118 → 132 (+14)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less capital invested
Capital invested by funds: $761M → $760M (-$1.13M)
0.96% less ownership
Funds ownership: 43.8% → 42.85% (-0.96%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$7.77M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.34M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$4.42M |
| 4 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$2.27M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.22M |
Top Sellers
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$14.9M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$10.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.18M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$7.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
126
Highlander Capital Management
Short Hills,
New Jersey
| $9K | – | – | – |
|
|
WAM
127
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $7K | – | – | – |
|
|
IWM
128
IHT Wealth Management
Chicago,
Illinois
| $7K | +$6.92K | +255 | New |
|
129
BlackRock
New York
| $3K | – | – | – |
|
|
MA
130
MCF Advisors
Covington,
Kentucky
| $2K | – | – | – |
|
|
PFGIA
131
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $1K | +$1.03K | +38 | New |
|
|
VF
132
Virtu Financial
New York
| – | -$418K | -15,328 | Closed |
|
|
MWAC
133
Mariner Wealth Advisors (Cincinnati)
Cincinnati,
Ohio
| – | -$375K | -13,741 | Closed |
|
|
SI
134
SII Investments
Appleton,
Wisconsin
| – | -$201K | -7,378 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$111K | -4,082 | Closed |
|
|
JFA
136
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$13K | -468 | Closed |
|
|
S
137
SignatureFD
Atlanta,
Georgia
| – | -$13K | -468 | Closed |
|
FDL Hedge Fund Activity: Q4 2016 in Review
132 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2016, worth a combined $760M — down 0.15% from $761M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FDL positions and 6 closed out — a net gain of 17 holders — while 49 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.77M. The largest seller was Shamrock Asset Management, cutting an estimated $14.9M.
- 132 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2016, up from 118 in Q3 2016.
- Funds reported $760M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2016, down 0.15% quarter-over-quarter.
- 23 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2016 and 6 closed out, a net change of +17 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2016 was Morgan Stanley, an estimated $7.77M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2016 was Shamrock Asset Management, an estimated $14.9M sold.
Based on aggregated 13F filings for Q4 2016.