First Trust Morningstar Dividend Leaders Index Fund
190 hedge funds and large institutions have $510M invested in First Trust Morningstar Dividend Leaders Index Fund in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 48 increasing their positions, 76 reducing their positions, and 13 closing their positions.
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more capital invested
Capital invested by funds: $451M → $510M (+$58.9M)
10% more funds holding
Funds holding: 172 → 190 (+18)
0.52% more ownership
Funds ownership: 35.46% → 35.98% (+0.52%)
37% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$2.89M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.65M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.5M |
| 4 |
HA
HC Advisors
Sandy Springs,
Georgia
|
+$2.35M |
| 5 |
Goldman Sachs
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.8M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.01M |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$2.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.21M |
| 5 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
-$2.16M |
FDL Hedge Fund Activity: Q4 2020 in Review
190 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2020, worth a combined $510M — up 13% from $451M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FDL positions and 13 closed out — a net gain of 21 holders — while 48 added to existing stakes and 76 trimmed.
The largest buyer was US Bancorp, adding an estimated $2.89M. The largest seller was Morgan Stanley, cutting an estimated $10.8M.
- 190 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2020, up from 172 in Q3 2020.
- Funds reported $510M of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 34 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2020 and 13 closed out, a net change of +21 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2020 was US Bancorp, an estimated $2.89M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2020 was Morgan Stanley, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2020.