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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
PA
126
PSI Advisors
Florida
$384K +$375K +11,797 New
Bank of New York Mellon
127
Bank of New York Mellon
New York
$376K +$48.6K +1,527 +15%
MIAN
128
Mariner Independent Advisor Network
Kansas
$357K -$8.69M -273,196 -96%
PWA
129
Peterson Wealth Advisors
Utah
$351K +$53.1K +1,669 +18%
BRWM
130
B. Riley Wealth Management
Tennessee
$338K -$3.28K -103 -1%
CA
131
Claro Advisors
Massachusetts
$338K +$3.5K +110 +1%
XF
132
XML Financial
Maryland
$333K +$326K +10,229 New
PAS
133
Partnervest Advisory Services
California
$330K -$1.91K -60 -0.6%
CL
134
Choreo LLC
Illinois
$318K -$138K -4,345 -31%
FWM
135
Frontier Wealth Management
Missouri
$316K +$2.42K +76 +0.8%
CA
136
Calton & Associates
Florida
$312K +$27.1K +851 +10%
DWM
137
Darwin Wealth Management
Florida
$309K +$83.2K +2,614 +38%
IFWM
138
Institute for Wealth Management
Colorado
$291K
CWS
139
Cypress Wealth Services
California
$286K +$279K +8,772 New
Creative Planning
140
Creative Planning
Kansas
$272K +$64 +2 +0%
BSW
141
Buckingham Strategic Wealth
Missouri
$269K
BFA
142
Beacon Financial Advisory
Ohio
$266K +$260K +8,178 New
FDCC
143
Foster Dykema Cabot & Co
Massachusetts
$261K -$120K -3,761 -32%
KeyBank National Association
144
KeyBank National Association
Ohio
$261K +$255K +8,025 New
BF
145
BOK Financial
Oklahoma
$259K
BWM
146
BCS Wealth Management
Tennessee
$253K +$247K +7,761 New
FHC
147
First Heartland Consultants
Missouri
$250K +$13.4K +421 +6%
KA
148
Kovack Advisors
Florida
$242K
Carson Wealth (CWM LLC)
149
Carson Wealth (CWM LLC)
Nebraska
$241K
CCB
150
Cutter & Co Brokerage
Missouri
$240K

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.