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First Trust Morningstar Dividend Leaders Index Fund
FDL

371 hedge funds and large institutions have $2.46B invested in First Trust Morningstar Dividend Leaders Index Fund in 2024 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 125 increasing their positions, 140 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 22

15% more capital invested

Capital invested by funds: $2.13B → $2.46B (+$327M)

5.81% more ownership

Funds ownership: 55.39% → 61.2% (+5.8%)

5% more funds holding

Funds holding: 353 → 371 (+18)

0% more funds holding in top 10

Funds holding in top 10: 15 → 15 (0)

11% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 140

Holders
371
Holders Change
+18
Holders Change %
+5.1%
% of All Funds
5.33%
Holding in Top 10
15
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.22%
New
44
Increased
125
Reduced
140
Closed
22
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
IAIM
International Assets Investment Management
Florida
+$215M
2
RW
Rockport Wealth
Ohio
+$65.8M
3
LPL Financial
LPL Financial
California
+$22.9M
4
Two Sigma Investments
Two Sigma Investments
New York
+$13.4M
5
Wells Fargo
Wells Fargo
California
+$7.83M

Top Sellers

1
Ameriprise
Ameriprise
Minnesota
-$31.1M
2
SWAG
Spectrum Wealth Advisory Group
California
-$8.91M
3
SFC
Strategic Financial Concepts
Texas
-$6.41M
4
FHC
First Heartland Consultants
Missouri
-$4.87M
5
GS
GTS Securities
New York
-$4.12M
Name Holding Trade Value Shares
Change 		Change in
Stake
LPL Financial
1
LPL Financial
California
$355M +$22.9M +566,772 +7%
Morgan Stanley
2
Morgan Stanley
New York
$278M +$3.99M +98,896 +2%
Wells Fargo
3
Wells Fargo
California
$104M +$7.83M +194,047 +9%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$81.5M +$109K +2,696 +0.1%
UBS Group
5
UBS Group
Switzerland
$75.7M +$1.3M +32,267 +2%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$74.7M +$911K +22,577 +1%
CAG
7
Csenge Advisory Group
Florida
$72.8M -$529K -13,100 -0.8%
Bank of America
8
Bank of America
North Carolina
$71.4M -$1.22M -30,247 -2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$69.9M +$2.48M +61,533 +4%
RW
10
Rockport Wealth
Ohio
$68.4M +$65.8M +1,631,650 New
Ameriprise
11
Ameriprise
Minnesota
$65.9M -$31.1M -769,917 -33%
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$63M +$2.14M +52,919 +4%
Osaic Holdings
13
Osaic Holdings
Arizona
$53M -$1.42M -35,077 -3%
RJA
14
Raymond James & Associates
Florida
$43.9M -$433K -10,729 -1%
JP Morgan Chase
15
JP Morgan Chase
New York
$42.7M +$2.91M +71,997 +8%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$42.6M +$954K +23,640 +2%
Stifel Financial
17
Stifel Financial
Missouri
$42.6M +$48.9K +1,213 +0.1%
TPWA
18
TRUE Private Wealth Advisors
Oregon
$40.9M -$2.67M -66,245 -6%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$35.8M -$1.86M -46,012 -5%
KIG
20
Kowal Investment Group
Wisconsin
$35.6M -$360K -8,933 -1%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$30.4M +$2.14M +52,952 +8%
Truist Financial
22
Truist Financial
North Carolina
$23.9M +$819K +20,300 +4%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$23.7M +$122K +3,032 +0.5%
BFG
24
Beacon Financial Group
Texas
$22.2M -$32.6K -808 -0.2%
SI
25
Stephens Inc
Arkansas
$21M -$625K -15,482 -3%
1
2 3 4 5

FDL Hedge Fund Activity: Q3 2024 in Review

371 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q3 2024, worth a combined $2.46B — up 15% from $2.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FDL positions and 22 closed out — a net gain of 22 holders — while 125 added to existing stakes and 140 trimmed.

The largest buyer was International Assets Investment Management, adding an estimated $215M. The largest seller was Ameriprise, cutting an estimated $31.1M.

  • 371 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q3 2024, up from 353 in Q2 2024.
  • Funds reported $2.46B of First Trust Morningstar Dividend Leaders Index Fund stock for Q3 2024, up 15% quarter-over-quarter.
  • 44 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q3 2024 and 22 closed out, a net change of +22 holders.
  • The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $215M added.
  • The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q3 2024 was Ameriprise, an estimated $31.1M sold.

Based on aggregated 13F filings for Q3 2024.