First Trust Morningstar Dividend Leaders Index Fund
136 hedge funds and large institutions have $684M invested in First Trust Morningstar Dividend Leaders Index Fund in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 12 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.07% more ownership
Funds ownership: 39.79% → 39.86% (+0.07%)
3% less capital invested
Capital invested by funds: $703M → $684M (-$18.6M)
1% less funds holding
Funds holding: 138 → 136 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$21.1M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.38M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$3.68M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.64M |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.97M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.45M |
| 3 |
Morgan Stanley
New York
|
-$5.76M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.24M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$4.63M |
FDL Hedge Fund Activity: Q2 2017 in Review
136 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q2 2017, worth a combined $684M — down 2.6% from $703M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FDL positions and 12 closed out — a net gain of 1 holder — while 61 added to existing stakes and 41 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $21.1M. The largest seller was UBS Group, cutting an estimated $7.97M.
- 136 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q2 2017, down from 138 in Q1 2017.
- Funds reported $684M of First Trust Morningstar Dividend Leaders Index Fund stock for Q2 2017, down 2.6% quarter-over-quarter.
- 13 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q2 2017 and 12 closed out, a net change of +1 holder.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q2 2017 was Ladenburg Thalmann Financial Services, an estimated $21.1M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q2 2017 was UBS Group, an estimated $7.97M sold.
Based on aggregated 13F filings for Q2 2017.