First Trust Morningstar Dividend Leaders Index Fund
68 hedge funds and large institutions have $206M invested in First Trust Morningstar Dividend Leaders Index Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 67 → 68 (+1)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.18% less ownership
Funds ownership: 30.55% → 30.37% (-0.18%)
2% less capital invested
Capital invested by funds: $210M → $206M (-$3.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.07M |
| 2 |
SG Americas Securities
New York
|
+$2.28M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$959K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$819K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.01M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.32M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$2.33M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.34M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$812K |
FDL Hedge Fund Activity: Q1 2014 in Review
68 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2014, worth a combined $206M — down 1.5% from $210M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDL positions and 5 closed out — a net gain of 1 holder — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.07M. The largest seller was Bank of America, cutting an estimated $9.01M.
- 68 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2014, up from 67 in Q4 2013.
- Funds reported $206M of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2014, down 1.5% quarter-over-quarter.
- 6 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2014 and 5 closed out, a net change of +1 holder.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2014 was Morgan Stanley, an estimated $3.07M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2014 was Bank of America, an estimated $9.01M sold.
Based on aggregated 13F filings for Q1 2014.