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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
IAA
151
Independent Advisor Alliance
North Carolina
$238K +$232K +7,291 New
UCFA
152
United Capital Financial Advisors
Texas
$235K -$41.9K -1,315 -15%
William Blair & Company
153
William Blair & Company
Illinois
$231K
BAM
154
Bellevue Asset Management
Washington
$229K +$224K +7,044 New
SMC
155
Smith, Moore & Co
Missouri
$216K
SFPG
156
Stonebridge Financial Planning Group
Florida
$211K +$206K +6,466 New
CAN
157
Claraphi Advisory Network
United States
$206K -$3.18K -100 -2%
APA
158
American Portfolios Advisors
New York
$205K -$34.7K -1,089 -15%
HWA
159
Heartwood Wealth Advisors
Virginia
$203K +$199K +6,246 New
SS
160
Simplicity Solutions
Minnesota
$202K +$197K +6,190 New
SWM
161
Sugarloaf Wealth Management
Georgia
$181K +$177K +5,567 New
WAP
162
Wealthcare Advisory Partners
Pennsylvania
$155K +$127 +4 +0.1%
Fidelity Investments
163
Fidelity Investments
Massachusetts
$153K +$6.14K +193 +4%
PB
164
Pinnacle Bancorp
Nebraska
$151K
BFC
165
Bedel Financial Consulting
Indiana
$141K
TA
166
TFG Advisers
Michigan
$126K +$124K +3,889 New
SFS
167
Sowell Financial Services
Arkansas
$118K +$1.43K +45 +1%
TRCT
168
Tower Research Capital (TRC)
New York
$111K -$333K -10,465 -75%
GRP
169
Global Retirement Partners
California
$106K
EP
170
Eudaimonia Partners
Tennessee
$105K +$103K +3,230 New
US Bancorp
171
US Bancorp
Minnesota
$102K -$24.3K -762 -20%
RIA
172
Realta Investment Advisors
Delaware
$99K
MFT
173
Moisand Fitzgerald Tamayo
Florida
$89K
S
174
SignatureFD
Georgia
$88K +$73.2K +2,300 +569%
BWL
175
Bogart Wealth LLC
Virginia
$75K

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.