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First Trust Morningstar Dividend Leaders Index Fund

75 hedge funds and large institutions have $252M invested in First Trust Morningstar Dividend Leaders Index Fund in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 41 increasing their positions, 19 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

116% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 19

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

8% more capital invested

Capital invested by funds: $233M → $252M (+$18.7M)

3% more funds holding

Funds holding: 7375 (+2)

0.92% more ownership

Funds ownership: 30.94%31.86% (+0.92%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
75
Holders Change
+2
Holders Change %
+2.74%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
7
Increased
41
Reduced
19
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$70.6M +$10.3M +433,517 +17%
BFG
2
Beacon Financial Group
Texas
$27.7M +$773K +32,578 +3%
Bank of America
3
Bank of America
North Carolina
$19.4M +$1.12M +47,048 +6%
Wells Fargo
4
Wells Fargo
California
$19.1M +$2.21M +93,206 +13%
U
5
UBS
Switzerland
$17.1M +$1.69M +71,349 +11%
LPL Financial
6
LPL Financial
California
$12.5M -$2.19M -92,157 -15%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$7.18M +$388K +16,366 +6%
AF
8
Allworth Financial
California
$5.74M -$405K -17,065 -7%
JCM
9
Janney Capital Management
Pennsylvania
$5.63M +$699K +29,458 +14%
RJA
10
Raymond James & Associates
Florida
$5.62M +$909K +38,330 +19%
AIG
11
American International Group
New York
$5.11M -$2.6M -109,422 -33%
ACM
12
Argentus Capital Management
Texas
$4.23M +$4.29M +180,723 New
SI
13
Stephens Inc
Arkansas
$3.59M +$284K +11,958 +8%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$3.53M -$234K -9,864 -6%
Stifel Financial
15
Stifel Financial
Missouri
$3.5M +$116K +4,892 +3%
FBT
16
Founders Bank & Trust
Michigan
$3.08M +$78K +3,289 +3%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.07M +$829K +34,946 +36%
CL
18
Choreo LLC
Illinois
$2.75M +$1.8K +76 +0.1%
FAAS
19
First Allied Advisory Services
California
$2.41M +$744K +31,375 +44%
ICOA
20
Investment Centers of America
North Dakota
$1.74M +$165K +6,976 +10%
PAG
21
Private Advisor Group
New Jersey
$1.71M +$762K +32,110 +78%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$1.51M +$36.2K +1,528 +2%
PI
23
Placemark Investments
Illinois
$1.43M +$58.6K +2,471 +4%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$1.39M +$1.41M +59,240 New
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$1.33M +$34.3K +1,448 +3%

FDL Hedge Fund Activity: Q3 2014 in Review

75 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2014, worth a combined $252M — up 8% from $233M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FDL positions and 5 closed out — a net gain of 2 holders — while 41 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was American International Group, cutting an estimated $2.6M.

  • 75 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2014, up from 73 in Q2 2014.
  • Funds reported $252M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2014, up 8% quarter-over-quarter.
  • 7 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2014 and 5 closed out, a net change of +2 holders.
  • The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2014 was Morgan Stanley, an estimated $10.3M added.
  • The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2014 was American International Group, an estimated $2.6M sold.

Based on aggregated 13F filings for Q3 2014.