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.
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 (+$18.8M)
3% more funds holding
Funds holding: 73 → 75 (+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: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.3M |
| 2 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$4.29M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.21M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.69M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$2.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.19M |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$405K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$234K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$215K |
FDL Hedge Fund Activity: Q3 2014 in Review
75 of the 3,455 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 8.1% 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 8.1% 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.