First Trust Morningstar Dividend Leaders Index Fund
155 hedge funds and large institutions have $529M invested in First Trust Morningstar Dividend Leaders Index Fund in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 63 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more funds holding
Funds holding: 149 → 155 (+6)
0.67% less ownership
Funds ownership: 37.12% → 36.45% (-0.67%)
2% less capital invested
Capital invested by funds: $542M → $529M (-$12.7M)
27% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.78M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.24M |
| 3 |
Jane Street
New York
|
+$1.46M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.35M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$12.9M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.94M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$5.05M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$3.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$90K | -3,136 | Closed |
|
|
SIAP
152
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$57K | -2,000 | Closed |
|
|
LC
153
Landaas & Company
Milwaukee,
Wisconsin
| – | -$18K | -625 | Closed |
|
|
JCM
154
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$17K | -580 | Closed |
|
155
SEI Investments
Oaks,
Pennsylvania
| – | -$15K | -514 | Closed |
|
|
ACS
156
Archford Capital Strategies
Swansea,
Illinois
| – | -$10K | -335 | Closed |
|
|
MPPLM
157
Midwest Professional Planners Ltd (MPPL)
Wausau,
Wisconsin
| – | -$9K | -303 | Closed |
|
158
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$29 | +1 | New |
|
159
Fidelity Investments
Boston,
Massachusetts
| – | +$29 | +1 | New |
|
|
SWM
160
Selective Wealth Management
Forest,
Virginia
| – | +$88 | +3 | New |
|
FDL Hedge Fund Activity: Q3 2018 in Review
155 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2018, worth a combined $529M — down 2.3% from $542M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FDL positions and 8 closed out — a net gain of 6 holders — while 46 added to existing stakes and 63 trimmed.
The largest buyer was UBS Group, adding an estimated $3.78M. The largest seller was BB&T Securities, cutting an estimated $12.9M.
- 155 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2018, up from 149 in Q2 2018.
- Funds reported $529M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2018, down 2.3% quarter-over-quarter.
- 14 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2018 and 8 closed out, a net change of +6 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2018 was UBS Group, an estimated $3.78M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2018 was BB&T Securities, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2018.