First Trust Morningstar Dividend Leaders Index Fund
169 hedge funds and large institutions have $556M invested in First Trust Morningstar Dividend Leaders Index Fund in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 12 closing their positions.
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more funds holding
Funds holding: 154 → 169 (+15)
5% more capital invested
Capital invested by funds: $528M → $556M (+$27.9M)
3.72% more ownership
Funds ownership: 36.43% → 40.15% (+3.7%)
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.9M |
| 2 |
BFG
Beacon Financial Group
Dallas,
Texas
|
+$8.47M |
| 3 |
Morgan Stanley
New York
|
+$7.39M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.65M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
Choreo LLC
Rockford,
Illinois
|
-$2.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.17M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
FDL Hedge Fund Activity: Q4 2018 in Review
169 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2018, worth a combined $556M — up 5.3% from $528M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FDL positions and 12 closed out — a net gain of 19 holders — while 56 added to existing stakes and 53 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $11.9M. The largest seller was Choreo LLC, cutting an estimated $2.92M.
- 169 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2018, up from 154 in Q3 2018.
- Funds reported $556M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2018, up 5.3% quarter-over-quarter.
- 31 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2018 and 12 closed out, a net change of +19 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2018 was Envestnet Asset Management, an estimated $11.9M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2018 was Choreo LLC, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2018.