First Trust Dow Jones Global Select Dividend Index Fund
FGD
120 hedge funds and large institutions have $246M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 46 increasing their positions, 34 reducing their positions, and 13 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 34
0.79% more ownership
Funds ownership: 49.01% → 49.81% (+0.79%)
3% less funds holding
Funds holding: 124 → 120 (-4)
12% less capital invested
Capital invested by funds: $279M → $246M (-$32.2M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.91M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.58M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.5M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.8M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.72M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.42M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.17M |
| 4 |
Jane Street
New York
|
-$975K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$640K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
126
SeaCrest Wealth Management
Purchase,
New York
| – | -$92K | -4,209 | Closed |
|
127
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$30K | -1,372 | Closed |
|
|
CFGS
128
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$25.5K | -1,200 | Closed |
|
|
SWM
129
Spire Wealth Management
Mclean,
Virginia
| – | -$16K | -724 | Closed |
|
|
CA
130
CoreCap Advisors
Southfield,
Michigan
| – | -$7K | -328 | Closed |
|
|
GWMIA
131
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$6K | -273 | Closed |
|
|
SIS
132
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$4K | -173 | Closed |
|
133
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -144 | Closed |
|
FGD Hedge Fund Activity: Q3 2022 in Review
120 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q3 2022, worth a combined $246M — down 12% from $279M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FGD and 10 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 46 added.
The largest buyer was Morgan Stanley, adding an estimated $2.91M. The largest seller was UBS Group, cutting an estimated $4.72M.
- 120 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q3 2022, down from 124 in Q2 2022.
- Funds reported $246M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 10 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q3 2022 and 13 closed out, a net change of -3 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q3 2022 was Morgan Stanley, an estimated $2.91M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q3 2022 was UBS Group, an estimated $4.72M sold.
Based on aggregated 13F filings for Q3 2022.