First Trust Morningstar Dividend Leaders Index Fund
FDL
354 hedge funds and large institutions have $2.14B invested in First Trust Morningstar Dividend Leaders Index Fund in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 103 increasing their positions, 151 reducing their positions, and 37 closing their positions.
1.13% less ownership
Funds ownership: 56.55% → 55.41% (-1.1%)
2% less funds holding
Funds holding: 363 → 354 (-9)
7% less capital invested
Capital invested by funds: $2.3B → $2.14B (-$162M)
11% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 37
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
32% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$67.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.1M |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$7.04M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.36M |
| 5 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$16.3M |
| 2 |
LPL Financial
San Diego,
California
|
-$14.1M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$12.1M |
| 4 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
-$10.6M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$9.36M |
FDL Hedge Fund Activity: Q2 2024 in Review
354 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q2 2024, worth a combined $2.14B — down 7% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of FDL and 33 opened new positions — a net loss of 4 holders — while 151 trimmed existing stakes and 103 added.
The largest buyer was UBS Group, opening a new position worth an estimated $67.3M. The largest seller was Osaic Holdings, cutting an estimated $16.3M.
- 354 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q2 2024, down from 363 in Q1 2024.
- Funds reported $2.14B of First Trust Morningstar Dividend Leaders Index Fund stock for Q2 2024, down 7% quarter-over-quarter.
- 33 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q2 2024 and 37 closed out, a net change of -4 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q2 2024 was UBS Group, an estimated $67.3M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q2 2024 was Osaic Holdings, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2024.