First Trust Dow Jones Global Select Dividend Index Fund
FGD
112 hedge funds and large institutions have $324M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 22 reducing their positions, and 2 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 2
123% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 22
18% more funds holding
Funds holding: 95 → 112 (+17)
16% more capital invested
Capital invested by funds: $280M → $324M (+$44.5M)
0.26% more ownership
Funds ownership: 52.57% → 52.83% (+0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.44M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.28M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$3.13M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$2.39M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$5.86M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.26M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.49M |
| 4 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$365K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
101
Winslow Evans & Crocker
Boston,
Massachusetts
| $14K | +$2.4K | +100 | +25% |
|
|
GI
102
Gradient Investments
Arden Hills,
Minnesota
| $13K | -$5.86M | -244,000 | -100% |
|
|
FHA
103
First Horizon Advisors
Memphis,
Tennessee
| $11K | +$144 | +6 | +1% |
|
|
VCP
104
Verus Capital Partners
Scottsdale,
Arizona
| $11K | +$10.4K | +434 | New |
|
|
IFWM
105
Institute for Wealth Management
Denver,
Colorado
| $11K | +$11K | +460 | New |
|
|
APWM
106
Atlas Private Wealth Management
Albany,
New York
| $10K | +$9.6K | +400 | New |
|
|
SWM
107
Sugarloaf Wealth Management
Duluth,
Georgia
| $9K | +$8.5K | +354 | New |
|
|
FP
108
Financial Perspectives
Minneapolis,
Minnesota
| $5.61K | +$5.4K | +225 | New |
|
109
JP Morgan Chase
New York
| $5K | -$24.1K | -1,005 | -82% |
|
|
JFA
110
JNBA Financial Advisors
Bloomington,
Minnesota
| $5K | – | – | – |
|
111
BlackRock
New York
| $1K | – | – | – |
|
|
112
M&T Bank
Buffalo,
New York
| – | -$282K | -12,289 | Closed |
|
|
BF
113
BOK Financial
Tulsa,
Oklahoma
| – | -$217K | -9,450 | Closed |
|
114
Fidelity Investments
Boston,
Massachusetts
| – | +$24 | +1 | New |
|
FGD Hedge Fund Activity: Q4 2019 in Review
112 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2019, worth a combined $324M — up 16% from $280M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FGD positions and 2 closed out — a net gain of 20 holders — while 49 added to existing stakes and 22 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $3.44M. The largest seller was Gradient Investments, cutting an estimated $5.86M.
- 112 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2019, up from 95 in Q3 2019.
- Funds reported $324M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2019, up 16% quarter-over-quarter.
- 22 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2019 and 2 closed out, a net change of +20 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2019 was AE Wealth Management, an estimated $3.44M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2019 was Gradient Investments, an estimated $5.86M sold.
Based on aggregated 13F filings for Q4 2019.