First Trust Dow Jones Global Select Dividend Index Fund
80 hedge funds and large institutions have $207M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 10 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
3% more funds holding
Funds holding: 78 → 80 (+2)
3% less capital invested
Capital invested by funds: $214M → $207M (-$7.2M)
1.03% less ownership
Funds ownership: 40.48% → 39.45% (-1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.62M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.66M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.64M |
| 5 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.05M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$6.43M |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$3.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.9M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.87M |
FGD Hedge Fund Activity: Q1 2015 in Review
80 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q1 2015, worth a combined $207M — down 3.4% from $214M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FGD positions and 10 closed out — a net gain of 3 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.62M. The largest seller was Bank of America, cutting an estimated $8.05M.
- 80 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q1 2015, up from 78 in Q4 2014.
- Funds reported $207M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q1 2015, down 3.4% quarter-over-quarter.
- 13 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q1 2015 and 10 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q1 2015 was Morgan Stanley, an estimated $7.62M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q1 2015 was Bank of America, an estimated $8.05M sold.
Based on aggregated 13F filings for Q1 2015.