First Trust Dow Jones Global Select Dividend Index Fund
FGD
90 hedge funds and large institutions have $167M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 18 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
0.93% less ownership
Funds ownership: 44.93% → 44% (-0.93%)
1% less capital invested
Capital invested by funds: $168M → $167M (-$1.62M)
12% less funds holding
Funds holding: 102 → 90 (-12)
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.28M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.25M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$923K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.03M |
| 2 |
Morgan Stanley
New York
|
-$4.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.21M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
101
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$33K | -2,079 | Closed |
|
|
MWM
102
MBE Wealth Management
Tomah,
Wisconsin
| – | -$29K | -1,864 | Closed |
|
|
ICA
103
Infrastructure Capital Advisors
New York
| – | -$24K | -1,500 | Closed |
|
104
William Blair & Company
Chicago,
Illinois
| – | -$19K | -1,200 | Closed |
|
|
CAC
105
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$18K | -1,132 | Closed |
|
|
HI
106
Hoey Investments
Coatesville,
Pennsylvania
| – | -$18K | -1,116 | Closed |
|
|
FGAM
107
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.04K | -65 | Closed |
|
|
CCA
108
Column Capital Advisors
Indianapolis,
Indiana
| – | +$518 | +30 | New |
|
FGD Hedge Fund Activity: Q2 2020 in Review
90 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q2 2020, worth a combined $167M — down 0.96% from $168M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FGD and 7 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Jane Street, adding an estimated $2.28M. The largest seller was UBS Group, cutting an estimated $9.03M.
- 90 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q2 2020, down from 102 in Q1 2020.
- Funds reported $167M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q2 2020, down 0.96% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q2 2020 and 18 closed out, a net change of -11 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q2 2020 was Jane Street, an estimated $2.28M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q2 2020 was UBS Group, an estimated $9.03M sold.
Based on aggregated 13F filings for Q2 2020.