First Trust Morningstar Dividend Leaders Index Fund
504 hedge funds and large institutions have $4.52B invested in First Trust Morningstar Dividend Leaders Index Fund in 2026 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 203 increasing their positions, 148 reducing their positions, and 31 closing their positions.
145% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 31
64% more funds holding in top 10
Funds holding in top 10: 14 → 23 (+9)
37% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 148
21% more capital invested
Capital invested by funds: $3.72B → $4.52B (+$799M)
8% more funds holding
Funds holding: 466 → 504 (+38)
1.24% more ownership
Funds ownership: 60.8% → 62.04% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$90.2M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$41.5M |
| 3 |
JP Morgan Chase
New York
|
+$28.3M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$16.4M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$36.6M |
| 2 |
RW
Rockport Wealth
Fairview Park,
Ohio
|
-$35.5M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$25M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$15.5M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$9.03M |
FDL Hedge Fund Activity: Q1 2026 in Review
504 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Morningstar Dividend Leaders Index Fund (FDL) for Q1 2026, worth a combined $4.52B — up 21% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new FDL positions and 31 closed out — a net gain of 45 holders — while 203 added to existing stakes and 148 trimmed.
The largest buyer was LPL Financial, adding an estimated $90.2M. The largest seller was Ameriprise, cutting an estimated $36.6M.
- 504 institutional investors held First Trust Morningstar Dividend Leaders Index Fund (FDL) as of Q1 2026, up from 466 in Q4 2025.
- Funds reported $4.52B of First Trust Morningstar Dividend Leaders Index Fund stock for Q1 2026, up 21% quarter-over-quarter.
- 76 funds opened new First Trust Morningstar Dividend Leaders Index Fund positions in Q1 2026 and 31 closed out, a net change of +45 holders.
- The largest First Trust Morningstar Dividend Leaders Index Fund buyer in Q1 2026 was LPL Financial, an estimated $90.2M added.
- The largest First Trust Morningstar Dividend Leaders Index Fund seller in Q1 2026 was Ameriprise, an estimated $36.6M sold.
Based on aggregated 13F filings for Q1 2026.