First Trust Morningstar Dividend Leaders Index Fund
158 hedge funds and large institutions have $683M invested in First Trust Morningstar Dividend Leaders Index Fund in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 46 increasing their positions, 53 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% more funds holding
Funds holding: 137 → 158 (+21)
5% more capital invested
Capital invested by funds: $653M → $683M (+$29.8M)
0.7% more ownership
Funds ownership: 38.98% → 39.68% (+0.7%)
13% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$9.12M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.08M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.2M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.05M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.29M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.65M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$5.73M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5.45M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$4.37M |
FDL Hedge Fund Activity: Q4 2017 in Review
158 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2017, worth a combined $683M — up 4.6% from $653M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FDL positions and 11 closed out — a net gain of 21 holders — while 46 added to existing stakes and 53 trimmed.
The largest buyer was Dynamic Advisor Solutions, opening a new position worth an estimated $9.12M. The largest seller was Morgan Stanley, cutting an estimated $9.29M.
- 158 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2017, up from 137 in Q3 2017.
- Funds reported $683M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2017, up 4.6% quarter-over-quarter.
- 32 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2017 and 11 closed out, a net change of +21 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2017 was Dynamic Advisor Solutions, an estimated $9.12M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2017 was Morgan Stanley, an estimated $9.29M sold.
Based on aggregated 13F filings for Q4 2017.