First Trust Morningstar Dividend Leaders Index Fund
137 hedge funds and large institutions have $653M invested in First Trust Morningstar Dividend Leaders Index Fund in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 63 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 136 → 137 (+1)
0.88% less ownership
Funds ownership: 39.86% → 38.98% (-0.88%)
5% less capital invested
Capital invested by funds: $684M → $653M (-$31.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$5.33M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.36M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.6M |
| 4 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$1.18M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.6M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.96M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.42M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.05M |
FDL Hedge Fund Activity: Q3 2017 in Review
137 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2017, worth a combined $653M — down 4.6% from $684M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FDL positions and 12 closed out — a net gain of 2 holders — while 33 added to existing stakes and 63 trimmed.
The largest buyer was Jaffetilchin Investment Partners, adding an estimated $5.33M. The largest seller was UBS Group, cutting an estimated $11.6M.
- 137 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2017, up from 136 in Q2 2017.
- Funds reported $653M of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2017, down 4.6% quarter-over-quarter.
- 14 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2017 and 12 closed out, a net change of +2 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2017 was Jaffetilchin Investment Partners, an estimated $5.33M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2017 was UBS Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2017.