First Trust Morningstar Dividend Leaders Index Fund
359 hedge funds and large institutions have $3.13B invested in First Trust Morningstar Dividend Leaders Index Fund in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 164 increasing their positions, 95 reducing their positions, and 30 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 95
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
7% more capital invested
Capital invested by funds: $2.92B → $3.13B (+$215M)
0% more funds holding
Funds holding: 358 → 359 (+1)
0.7% less ownership
Funds ownership: 61.87% → 61.17% (-0.7%)
4% less funds holding in top 10
Funds holding in top 10: 24 → 23 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$97.5M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$77.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$35.3M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$32.6M |
| 5 |
JP Morgan Chase
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$43.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$29.5M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$26.6M |
| 4 |
Jane Street
New York
|
-$13.3M |
| 5 |
TFA
Teamwork Financial Advisors
San Antonio,
Texas
|
-$9.72M |
FDL Hedge Fund Activity: Q1 2023 in Review
359 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2023, worth a combined $3.13B — up 7.4% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FDL positions and 30 closed out — a net gain of 10 holders — while 164 added to existing stakes and 95 trimmed.
The largest buyer was LPL Financial, adding an estimated $97.5M. The largest seller was Wells Fargo, cutting an estimated $43.5M.
- 359 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2023, up from 358 in Q4 2022.
- Funds reported $3.13B of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2023, up 7.4% quarter-over-quarter.
- 40 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2023 and 30 closed out, a net change of +10 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2023 was LPL Financial, an estimated $97.5M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2023 was Wells Fargo, an estimated $43.5M sold.
Based on aggregated 13F filings for Q1 2023.