First Trust Morningstar Dividend Leaders Index Fund
78 hedge funds and large institutions have $269M invested in First Trust Morningstar Dividend Leaders Index Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 17 closing their positions.
0.93% more ownership
Funds ownership: 33.71% → 34.64% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $290M → $269M (-$20.6M)
11% less funds holding
Funds holding: 88 → 78 (-10)
43% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 37
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.22M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.49M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.34M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$800K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Beacon Financial Group
Dallas,
Texas
|
-$14.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.36M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$4.33M |
| 4 |
Morgan Stanley
New York
|
-$2.28M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.86M |
FDL Hedge Fund Activity: Q3 2015 in Review
78 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2015, worth a combined $269M — down 7.1% from $290M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FDL and 9 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 21 added.
The largest buyer was Bank of America, adding an estimated $14.9M. The largest seller was Beacon Financial Group, cutting an estimated $14.4M.
- 78 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2015, down from 88 in Q2 2015.
- Funds reported $269M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2015, down 7.1% quarter-over-quarter.
- 9 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2015 and 17 closed out, a net change of -8 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2015 was Bank of America, an estimated $14.9M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2015 was Beacon Financial Group, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2015.