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First Trust Morningstar Dividend Leaders Index Fund

132 hedge funds and large institutions have $760M invested in First Trust Morningstar Dividend Leaders Index Fund in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

283% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 6

14% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 43

12% more funds holding

Funds holding: 118132 (+14)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% less capital invested

Capital invested by funds: $761M → $760M (-$1.13M)

0.96% less ownership

Funds ownership: 43.8%42.85% (-0.96%)

Holders
132
Holders Change
+14
Holders Change %
+11.86%
% of All Funds
3.3%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
23
Increased
49
Reduced
43
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$173M +$7.77M +286,360 +5%
Wells Fargo
2
Wells Fargo
California
$72.9M -$8.18M -301,375 -10%
Bank of America
3
Bank of America
North Carolina
$58.9M -$6.12M -225,730 -10%
UBS Group
4
UBS Group
Switzerland
$55.7M +$2.11M +77,716 +4%
LPL Financial
5
LPL Financial
California
$49.8M +$6.34M +233,627 +15%
CFS
6
Commonwealth Financial Services
West Virginia
$23.6M -$268K -9,865 -1%
SB
7
Suntrust Banks
Georgia
$22.3M +$4.42M +162,963 +25%
RJA
8
Raymond James & Associates
Florida
$19.9M +$1.04M +38,281 +6%
JIP
9
Jaffetilchin Investment Partners
Florida
$18.4M -$371K -13,674 -2%
HA
10
Hays Advisory
Tennessee
$17.6M -$10.4M -384,107 -38%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$16.4M +$1.11M +40,951 +7%
AG
12
Advisor Group
Arizona
$15.2M +$1.24M +45,838 +9%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$13.7M -$263K -9,697 -2%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$13.3M -$543K -19,999 -4%
BTS
15
BB&T Securities
Virginia
$11.5M
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$11.2M -$598K -22,035 -5%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$10.1M -$1.16M -42,867 -11%
MFS
18
MSI Financial Services
Massachusetts
$9.84M +$13.2K +488 +0.1%
JWA
19
JFS Wealth Advisors
Pennsylvania
$7.13M +$2.27M +83,609 +48%
MIAN
20
Mariner Independent Advisor Network
Kansas
$6.96M +$237K +8,736 +4%
CFP
21
Cornerstone Financial Partners
North Carolina
$5.97M +$41.3K +1,521 +0.7%
SI
22
Stephens Inc
Arkansas
$5.93M +$679K +25,033 +13%
ICOA
23
Investment Centers of America
North Dakota
$5.48M +$1.43M +52,652 +36%
Baird Financial Group
24
Baird Financial Group
Wisconsin
$5.37M +$1.41M +51,834 +37%
AF
25
Allworth Financial
California
$5.18M -$91.6K -3,375 -2%

FDL Hedge Fund Activity: Q4 2016 in Review

132 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2016, worth a combined $760M — down 0.15% from $761M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FDL positions and 6 closed out — a net gain of 17 holders — while 49 added to existing stakes and 43 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $7.77M. The largest seller was Shamrock Asset Management, cutting an estimated $14.9M.

  • 132 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2016, up from 118 in Q3 2016.
  • Funds reported $760M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2016, down 0.15% quarter-over-quarter.
  • 23 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2016 and 6 closed out, a net change of +17 holders.
  • The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2016 was Morgan Stanley, an estimated $7.77M added.
  • The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2016 was Shamrock Asset Management, an estimated $14.9M sold.

Based on aggregated 13F filings for Q4 2016.