First Trust Morningstar Dividend Leaders Index Fund
358 hedge funds and large institutions have $2.92B invested in First Trust Morningstar Dividend Leaders Index Fund in 2022 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 162 increasing their positions, 60 reducing their positions, and 19 closing their positions.
389% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 19
170% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 60
75% more capital invested
Capital invested by funds: $1.66B → $2.92B (+$1.25B)
50% more funds holding in top 10
Funds holding in top 10: 16 → 24 (+8)
23% more funds holding
Funds holding: 290 → 358 (+68)
7.42% more ownership
Funds ownership: 54.45% → 61.87% (+7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$118M |
| 2 |
Morgan Stanley
New York
|
+$109M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$92.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$62.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$20.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.65M |
| 3 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
-$3.67M |
| 4 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
-$3.43M |
| 5 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$2.75M |
FDL Hedge Fund Activity: Q4 2022 in Review
358 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2022, worth a combined $2.92B — up 75% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new FDL positions and 19 closed out — a net gain of 74 holders — while 162 added to existing stakes and 60 trimmed.
The largest buyer was LPL Financial, adding an estimated $118M. The largest seller was J. Arnold Wealth Management, cutting an estimated $20.3M.
- 358 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2022, up from 290 in Q3 2022.
- Funds reported $2.92B of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2022, up 75% quarter-over-quarter.
- 93 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2022 and 19 closed out, a net change of +74 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2022 was LPL Financial, an estimated $118M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2022 was J. Arnold Wealth Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q4 2022.