First Trust Dow Jones Global Select Dividend Index Fund
78 hedge funds and large institutions have $214M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 33 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
8% more funds holding
Funds holding: 72 → 78 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.8% less ownership
Funds ownership: 42.29% → 40.48% (-1.8%)
10% less capital invested
Capital invested by funds: $239M → $214M (-$24.9M)
42% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$3.54M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.7M |
| 3 |
Goldman Sachs
New York
|
+$2.08M |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$1.03M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$826K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15M |
| 2 |
Jane Street
New York
|
-$2.57M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.73M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.33M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.32M |
FGD Hedge Fund Activity: Q4 2014 in Review
78 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2014, worth a combined $214M — down 10% from $239M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FGD positions and 8 closed out — a net gain of 7 holders — while 19 added to existing stakes and 33 trimmed.
The largest buyer was Comerica Bank, adding an estimated $3.54M. The largest seller was Morgan Stanley, cutting an estimated $15M.
- 78 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2014, up from 72 in Q3 2014.
- Funds reported $214M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2014, down 10% quarter-over-quarter.
- 15 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2014 and 8 closed out, a net change of +7 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2014 was Comerica Bank, an estimated $3.54M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2014 was Morgan Stanley, an estimated $15M sold.
Based on aggregated 13F filings for Q4 2014.