First Trust Morningstar Dividend Leaders Index Fund
204 hedge funds and large institutions have $591M invested in First Trust Morningstar Dividend Leaders Index Fund in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 57 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
28% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 57
16% more capital invested
Capital invested by funds: $510M → $591M (+$80.8M)
7% more funds holding
Funds holding: 190 → 204 (+14)
2.05% more ownership
Funds ownership: 35.98% → 38.02% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Clarity Financial
Houston,
Texas
|
+$15.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.93M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.62M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.33M |
| 2 |
Goldman Sachs
New York
|
-$3.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.59M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.52M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.46M |
FDL Hedge Fund Activity: Q1 2021 in Review
204 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2021, worth a combined $591M — up 16% from $510M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FDL positions and 16 closed out — a net gain of 17 holders — while 73 added to existing stakes and 57 trimmed.
The largest buyer was Clarity Financial, opening a new position worth an estimated $15.7M. The largest seller was Wells Fargo, cutting an estimated $4.33M.
- 204 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2021, up from 190 in Q4 2020.
- Funds reported $591M of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2021, up 16% quarter-over-quarter.
- 33 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2021 and 16 closed out, a net change of +17 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2021 was Clarity Financial, an estimated $15.7M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2021 was Wells Fargo, an estimated $4.33M sold.
Based on aggregated 13F filings for Q1 2021.