First Trust Dow Jones Global Select Dividend Index Fund
FGD
57 hedge funds and large institutions have $200M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
7% more capital invested
Capital invested by funds: $187M → $200M (+$13M)
4% more funds holding
Funds holding: 55 → 57 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.09% less ownership
Funds ownership: 42.94% → 40.85% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.72M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.64M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.58M |
| 4 |
Jane Street
New York
|
+$668K |
| 5 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.59M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$1.27M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$722K |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
-$601K |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$529K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFA
51
JNBA Financial Advisors
Bloomington,
Minnesota
| $22K | – | – | – |
|
|
HI
52
Hudock Inc
Williamsport,
Pennsylvania
| $21K | – | – | – |
|
53
Creative Planning
Overland Park,
Kansas
| $16K | – | – | – |
|
|
MFS
54
MSI Financial Services
Springfield,
Massachusetts
| $9K | -$3.23K | -120 | -28% |
|
|
NES
55
New England Securities
New York
| $6K | – | – | – |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$2.51K | +93 | New |
|
|
B
58
Baird
Milwaukee,
Wisconsin
| – | -$601K | -22,198 | Closed |
|
|
VFS
59
VSR Financial Services
Overland Park,
Kansas
| – | -$517K | -19,095 | Closed |
|
|
CP
60
Camelot Portfolios
Maumee,
Ohio
| – | -$251K | -9,264 | Closed |
|
|
CAN
61
Cetera Advisor Networks
El Segundo,
California
| – | -$210K | -7,750 | Closed |
|
62
Invesco
Atlanta,
Georgia
| – | -$54K | -2,000 | Closed |
|
FGD Hedge Fund Activity: Q1 2014 in Review
57 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q1 2014, worth a combined $200M — up 6.9% from $187M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FGD positions and 5 closed out — a net gain of 2 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.72M. The largest seller was Wells Fargo, cutting an estimated $1.59M.
- 57 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q1 2014, up from 55 in Q4 2013.
- Funds reported $200M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q1 2014, up 6.9% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q1 2014 and 5 closed out, a net change of +2 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q1 2014 was Morgan Stanley, an estimated $6.72M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q1 2014 was Wells Fargo, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2014.