First Trust Dow Jones Global Select Dividend Index Fund
76 hedge funds and large institutions have $126M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 77 → 76 (-1)
2.96% less ownership
Funds ownership: 40.4% → 37.44% (-3%)
10% less capital invested
Capital invested by funds: $140M → $126M (-$13.6M)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$912K |
| 3 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$898K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$749K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$7.27M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.76M |
| 4 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$1.72M |
| 5 |
BA
BKS Advisors
Southfield,
Michigan
|
-$1.67M |
FGD Hedge Fund Activity: Q2 2016 in Review
76 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q2 2016, worth a combined $126M — down 9.8% from $140M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FGD and 9 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 26 added.
The largest buyer was Jane Street, adding an estimated $5.04M. The largest seller was LPL Financial, cutting an estimated $7.27M.
- 76 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q2 2016, down from 77 in Q1 2016.
- Funds reported $126M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q2 2016, down 9.8% quarter-over-quarter.
- 9 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q2 2016 and 10 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q2 2016 was Jane Street, an estimated $5.04M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q2 2016 was LPL Financial, an estimated $7.27M sold.
Based on aggregated 13F filings for Q2 2016.