First Trust Morningstar Dividend Leaders Index Fund
363 hedge funds and large institutions have $2.28B invested in First Trust Morningstar Dividend Leaders Index Fund in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 83 increasing their positions, 170 reducing their positions, and 37 closing their positions.
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
4% more funds holding
Funds holding: 349 → 363 (+14)
5% less capital invested
Capital invested by funds: $2.4B → $2.28B (-$118M)
1.98% less ownership
Funds ownership: 59.1% → 57.12% (-2%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
51% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.89M |
| 2 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$3.79M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$3.18M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$3.13M |
| 5 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$73.4M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$21.7M |
| 3 |
Morgan Stanley
New York
|
-$19.3M |
| 4 |
LPL Financial
San Diego,
California
|
-$16M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$14.7M |
FDL Hedge Fund Activity: Q4 2023 in Review
363 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q4 2023, worth a combined $2.28B — down 4.9% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FDL positions and 37 closed out — a net gain of 16 holders — while 83 added to existing stakes and 170 trimmed.
The largest buyer was Ameriprise, adding an estimated $8.89M. The largest seller was Cetera Investment Advisers, cutting an estimated $73.4M.
- 363 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q4 2023, up from 349 in Q3 2023.
- Funds reported $2.28B of First Trust Morningstar Dividend Leaders Index Fund stock for Q4 2023, down 4.9% quarter-over-quarter.
- 53 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q4 2023 and 37 closed out, a net change of +16 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q4 2023 was Ameriprise, an estimated $8.89M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q4 2023 was Cetera Investment Advisers, an estimated $73.4M sold.
Based on aggregated 13F filings for Q4 2023.