First Trust Morningstar Dividend Leaders Index Fund
175 hedge funds and large institutions have $647M invested in First Trust Morningstar Dividend Leaders Index Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 70 increasing their positions, 57 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
23% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 57
4% more funds holding
Funds holding: 169 → 175 (+6)
0% more capital invested
Capital invested by funds: $646M → $647M (+$1.14M)
0.38% less ownership
Funds ownership: 38.93% → 38.54% (-0.38%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.27M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.32M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.23M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$965K |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$840K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.16M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.84M |
| 4 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$2.34M |
| 5 |
Morgan Stanley
New York
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFG
176
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$15K | -500 | Closed |
|
|
AIS
177
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$14K | -453 | Closed |
|
178
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -280 | Closed |
|
|
PMFA
179
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$7K | -227 | Closed |
|
|
PA
180
Parallel Advisors
San Francisco,
California
| – | -$4K | -125 | Closed |
|
|
SWM
181
Selective Wealth Management
Forest,
Virginia
| – | +$92 | +3 | New |
|
FDL Hedge Fund Activity: Q3 2019 in Review
175 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2019, worth a combined $647M — up 0.18% from $646M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FDL positions and 8 closed out — a net gain of 7 holders — while 70 added to existing stakes and 57 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.27M. The largest seller was UBS Group, cutting an estimated $7.71M.
- 175 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2019, up from 169 in Q2 2019.
- Funds reported $647M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2019, up 0.18% quarter-over-quarter.
- 15 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2019 and 8 closed out, a net change of +7 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2019 was Wells Fargo, an estimated $5.27M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2019 was UBS Group, an estimated $7.71M sold.
Based on aggregated 13F filings for Q3 2019.