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First Trust Morningstar Dividend Leaders Index Fund

175 hedge funds and large institutions have $464M invested in First Trust Morningstar Dividend Leaders Index Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.17% less ownership

Funds ownership: 40.13%37.96% (-2.2%)

17% less funds holding

Funds holding: 210175 (-35)

28% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 75

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

37% less capital invested

Capital invested by funds: $740M → $464M (-$276M)

65% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 49

Holders
175
Holders Change
-35
Holders Change %
-16.67%
% of All Funds
3.86%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.11%
New
17
Increased
54
Reduced
75
Closed
49
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CTC
151
Central Trust Company
Missouri
$25K
CFA
152
Carroll Financial Associates
North Carolina
$20K
OC
153
Oakworth Capital
Alabama
$20K
NSIM
154
North Star Investment Management
Illinois
$19K
WEC
155
Winslow Evans & Crocker
Massachusetts
$18K -$499K -17,306 -96%
HI
156
Hoey Investments
Pennsylvania
$18K
PFGIA
157
Patriot Financial Group Insurance Agency
Massachusetts
$14K -$1.07K -37 -6%
AA
158
AlphaMark Advisors
Kentucky
$14K
CA
159
Clearstead Advisors
Ohio
$14K +$18.6K +646 New
AWM
160
AllSquare Wealth Management
New York
$13K
CFD
161
Creative Financial Designs
Indiana
$9K -$2.39K -83 -17%
Fifth Third Bancorp
162
Fifth Third Bancorp
Ohio
$9K
MFT
163
Moisand Fitzgerald Tamayo
Florida
$7K -$69.3K -2,402 -88%
GI
164
Gradient Investments
Minnesota
$5K
SIS
165
Sound Income Strategies
Florida
$5K
FHA
166
Flagship Harbor Advisors
Massachusetts
$4K -$1.47K -51 -22%
ME
167
McIlrath & Eck
Washington
$4K
KFI
168
Key Financial Inc
Pennsylvania
$4K +$5.16K +179 New
CMA
169
Cedar Mountain Advisors
Oregon
$3K
AF
170
Advisornet Financial
Minnesota
$2K
CAC
171
Certified Advisory Corp
Florida
$2K
TI
172
tru Independence
Oregon
$18
WA
173
Wealth Advisors
California
-$2.55M -80,790 Closed
JAWM
174
J. Arnold Wealth Management
Ohio
-$2.27M -69,583 Closed
JMPWA
175
JP Morgan Private Wealth Advisors
California
-$1.76M -53,990 Closed

FDL Hedge Fund Activity: Q1 2020 in Review

175 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2020, worth a combined $464M — down 37% from $740M a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of FDL and 17 opened new positions — a net loss of 32 holders — while 75 trimmed existing stakes and 54 added.

The largest buyer was Morgan Stanley, adding an estimated $13.9M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $13M.

  • 175 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2020, down from 210 in Q4 2019.
  • Funds reported $464M of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2020, down 37% quarter-over-quarter.
  • 17 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2020 and 49 closed out, a net change of -32 holders.
  • The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2020 was Morgan Stanley, an estimated $13.9M added.
  • The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $13M sold.

Based on aggregated 13F filings for Q1 2020.