First Trust Morningstar Dividend Leaders Index Fund
347 hedge funds and large institutions have $2.65B invested in First Trust Morningstar Dividend Leaders Index Fund in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 123 increasing their positions, 139 reducing their positions, and 34 closing their positions.
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
1.75% less ownership
Funds ownership: 61.17% → 59.42% (-1.8%)
3% less funds holding
Funds holding: 359 → 347 (-12)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
12% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 139
16% less capital invested
Capital invested by funds: $3.13B → $2.65B (-$487M)
97% less call options, than puts
Call options by funds: $34K | Put options by funds: $1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$11.4M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$9.29M |
| 3 |
Jane Street
New York
|
+$7.96M |
| 4 |
JP Morgan Chase
New York
|
+$6.03M |
| 5 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$126M |
| 2 |
Morgan Stanley
New York
|
-$59.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$42.2M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$19.1M |
| 5 |
OCM
One Capital Management
Westlake Village,
California
|
-$16M |
FDL Hedge Fund Activity: Q2 2023 in Review
347 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q2 2023, worth a combined $2.65B — down 16% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FDL and 31 opened new positions — a net loss of 3 holders — while 139 trimmed existing stakes and 123 added.
The largest buyer was Cetera Advisors, adding an estimated $11.4M. The largest seller was Ameriprise, cutting an estimated $126M.
- 347 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q2 2023, down from 359 in Q1 2023.
- Funds reported $2.65B of First Trust Morningstar Dividend Leaders Index Fund stock for Q2 2023, down 16% quarter-over-quarter.
- 31 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q2 2023 and 34 closed out, a net change of -3 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q2 2023 was Cetera Advisors, an estimated $11.4M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q2 2023 was Ameriprise, an estimated $126M sold.
Based on aggregated 13F filings for Q2 2023.