First Trust Dow Jones Global Select Dividend Index Fund
67 hedge funds and large institutions have $254M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 9 reducing their positions, and 4 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 9
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
28% more capital invested
Capital invested by funds: $198M → $254M (+$55.2M)
18% more funds holding
Funds holding: 57 → 67 (+10)
2.75% more ownership
Funds ownership: 40.85% → 43.61% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.04M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.22M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.84M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08M |
| 3 |
Jane Street
New York
|
-$690K |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$488K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$162K |
FGD Hedge Fund Activity: Q2 2014 in Review
67 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q2 2014, worth a combined $254M — up 28% from $198M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FGD positions and 4 closed out — a net gain of 11 holders — while 39 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $25.7M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.84M sold.
- 67 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q2 2014, up from 57 in Q1 2014.
- Funds reported $254M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q2 2014, up 28% quarter-over-quarter.
- 15 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q2 2014 and 4 closed out, a net change of +11 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q2 2014 was Morgan Stanley, an estimated $25.7M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q2 2014 was Susquehanna International Group, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2014.