First Trust Dow Jones Global Select Dividend Index Fund
FGD
73 hedge funds and large institutions have $162M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.94% less ownership
Funds ownership: 40.73% → 39.79% (-0.94%)
11% less funds holding
Funds holding: 82 → 73 (-9)
22% less capital invested
Capital invested by funds: $207M → $162M (-$44.5M)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.09M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.63M |
| 4 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
+$1.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$672K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.52M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.5M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.87M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.83M |
FGD Hedge Fund Activity: Q3 2015 in Review
73 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q3 2015, worth a combined $162M — down 22% from $207M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FGD and 7 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 23 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $4.71M. The largest seller was Morgan Stanley, cutting an estimated $12M.
- 73 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q3 2015, down from 82 in Q2 2015.
- Funds reported $162M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q3 2015, down 22% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q3 2015 and 13 closed out, a net change of -6 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $4.71M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q3 2015 was Morgan Stanley, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2015.