First Trust Morningstar Dividend Leaders Index Fund
67 hedge funds and large institutions have $210M invested in First Trust Morningstar Dividend Leaders Index Fund in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
22% more funds holding
Funds holding: 55 → 67 (+12)
8% more capital invested
Capital invested by funds: $194M → $210M (+$15.5M)
0.44% more ownership
Funds ownership: 30.11% → 30.55% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.21M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.67M |
| 3 |
SG Americas Securities
New York
|
+$2.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
| 5 |
AIG
American International Group
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.52M |
| 2 |
BFG
Beacon Financial Group
Dallas,
Texas
|
-$2.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.23M |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$948K |
| 5 |
Morgan Stanley
New York
|
-$738K |
FDL Hedge Fund Activity: Q4 2013 in Review
67 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2013, worth a combined $210M — up 8% from $194M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FDL positions and 2 closed out — a net gain of 13 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $7.21M. The largest seller was Goldman Sachs, exiting entirely with an estimated $4.52M sold.
- 67 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2013, up from 55 in Q3 2013.
- Funds reported $210M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2013, up 8% quarter-over-quarter.
- 15 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2013 and 2 closed out, a net change of +13 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2013 was Credit Suisse, an estimated $7.21M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2013 was Goldman Sachs, an estimated $4.52M sold.
Based on aggregated 13F filings for Q4 2013.