First Trust Morningstar Dividend Leaders Index Fund
434 hedge funds and large institutions have $3.22B invested in First Trust Morningstar Dividend Leaders Index Fund in 2025 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 163 increasing their positions, 135 reducing their positions, and 22 closing their positions.
177% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 22
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
25% more capital invested
Capital invested by funds: $2.57B → $3.22B (+$649M)
21% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 135
7% more funds holding
Funds holding: 405 → 434 (+29)
2.37% more ownership
Funds ownership: 57.77% → 60.14% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$68.8M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$64.3M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$27.5M |
| 4 |
OCM
One Capital Management
Westlake Village,
California
|
+$27.1M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$4.64M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$4.03M |
| 3 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$3.18M |
| 4 |
JP Morgan Chase
New York
|
-$2.47M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$2.35M |
FDL Hedge Fund Activity: Q1 2025 in Review
434 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2025, worth a combined $3.22B — up 25% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new FDL positions and 22 closed out — a net gain of 39 holders — while 163 added to existing stakes and 135 trimmed.
The largest buyer was LPL Financial, adding an estimated $68.8M. The largest seller was TRUE Private Wealth Advisors, cutting an estimated $4.64M.
- 434 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2025, up from 405 in Q4 2024.
- Funds reported $3.22B of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2025, up 25% quarter-over-quarter.
- 61 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2025 and 22 closed out, a net change of +39 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2025 was LPL Financial, an estimated $68.8M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2025 was TRUE Private Wealth Advisors, an estimated $4.64M sold.
Based on aggregated 13F filings for Q1 2025.