First Trust Morningstar Dividend Leaders Index Fund
88 hedge funds and large institutions have $290M invested in First Trust Morningstar Dividend Leaders Index Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 91 → 88 (-3)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
68% less capital inflows, than outflows
Capital inflows: $14.5M | Capital outflows: $45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.05M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.23M |
| 3 |
Beacon Financial Group
Dallas,
Texas
|
+$2.12M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.49M |
| 5 |
Jane Street
New York
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.8M |
| 2 |
Citigroup
New York
|
-$8.28M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.47M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
-$3.17M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.3M |
FDL Hedge Fund Activity: Q2 2015 in Review
88 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q2 2015, worth a combined $290M — down 11% from $326M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FDL and 8 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 30 added.
The largest buyer was Goldman Sachs, adding an estimated $3.05M. The largest seller was Morgan Stanley, cutting an estimated $11.8M.
- 88 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q2 2015, down from 91 in Q1 2015.
- Funds reported $290M of First Trust Morningstar Dividend Leaders Index Fund stock for Q2 2015, down 11% quarter-over-quarter.
- 8 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q2 2015 and 11 closed out, a net change of -3 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q2 2015 was Goldman Sachs, an estimated $3.05M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q2 2015 was Morgan Stanley, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2015.