First Trust Dow Jones Global Select Dividend Index Fund
55 hedge funds and large institutions have $185M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
28% more capital invested
Capital invested by funds: $145M → $185M (+$40.4M)
17% more funds holding
Funds holding: 47 → 55 (+8)
2.06% more ownership
Funds ownership: 40.89% → 42.94% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.26M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.06M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.93M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$2.81M |
| 2 |
Jane Street
New York
|
-$1.79M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.48M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$760K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$328K |
FGD Hedge Fund Activity: Q4 2013 in Review
55 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2013, worth a combined $185M — up 28% from $145M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FGD positions and 2 closed out — a net gain of 9 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.7M. The largest seller was Comerica Bank, cutting an estimated $2.81M.
- 55 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2013, up from 47 in Q3 2013.
- Funds reported $185M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2013, up 28% quarter-over-quarter.
- 11 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2013 and 2 closed out, a net change of +9 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2013 was Morgan Stanley, an estimated $10.7M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2013 was Comerica Bank, an estimated $2.81M sold.
Based on aggregated 13F filings for Q4 2013.