First Trust Dow Jones Global Select Dividend Index Fund
FGD
79 hedge funds and large institutions have $156M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
8% more funds holding
Funds holding: 73 → 79 (+6)
3.06% more ownership
Funds ownership: 39.79% → 42.84% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $162M → $156M (-$5.87M)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.62M |
| 2 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
+$5.09M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.7M |
| 5 |
Jane Street
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.83M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.65M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.25M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
76
Flow Traders U.S.
New York
| $9K | +$8.98K | +400 | New |
|
|
TFA
77
Transamerica Financial Advisors
St. Petersburg,
Florida
| $5K | – | – | – |
|
|
NFG
78
Next Financial Group
Houston,
Texas
| $4K | -$73K | -3,252 | -94% |
|
|
KM
79
Kalos Management
Alpharetta,
Georgia
| $1K | – | – | – |
|
|
SPC
80
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$894K | -41,412 | Closed |
|
|
AAA
81
Adams Asset Advisors
Dallas,
Texas
| – | -$620K | -28,738 | Closed |
|
|
OC
82
Oppenheimer & Co
New York
| – | -$222K | -10,297 | Closed |
|
|
AIM
83
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$112K | -5,171 | Closed |
|
84
Envestnet Asset Management
Chicago,
Illinois
| – | -$40K | -1,875 | Closed |
|
|
BCM
85
Brookstone Capital Management
Wheaton,
Illinois
| – | -$15K | -686 | Closed |
|
|
KF
86
Krilogy Financial
St. Louis,
Missouri
| – | -$9K | -413 | Closed |
|
|
SNT
87
Security National Trust
Wheeling,
West Virginia
| – | -$5K | -244 | Closed |
|
FGD Hedge Fund Activity: Q4 2015 in Review
79 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2015, worth a combined $156M — down 3.6% from $162M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FGD positions and 8 closed out — a net gain of 6 holders — while 24 added to existing stakes and 30 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.62M. The largest seller was Morgan Stanley, cutting an estimated $9.83M.
- 79 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2015, up from 73 in Q3 2015.
- Funds reported $156M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2015, down 3.6% quarter-over-quarter.
- 14 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2015 and 8 closed out, a net change of +6 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2015 was LPL Financial, an estimated $5.62M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2015 was Morgan Stanley, an estimated $9.83M sold.
Based on aggregated 13F filings for Q4 2015.