First Trust Dow Jones Global Select Dividend Index Fund
70 hedge funds and large institutions have $128M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 9 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
1% more capital invested
Capital invested by funds: $126M → $128M (+$1.53M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 37.44% → 37.11% (-0.33%)
8% less funds holding
Funds holding: 76 → 70 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.61M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.43M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.11M |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
+$870K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.33M |
| 2 |
Morgan Stanley
New York
|
-$3.58M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.69M |
| 4 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
-$1.22M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$495K |
FGD Hedge Fund Activity: Q3 2016 in Review
70 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q3 2016, worth a combined $128M — up 1.2% from $126M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FGD and 4 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 30 added.
The largest buyer was HL Financial Services, adding an estimated $1.61M. The largest seller was Jane Street, cutting an estimated $4.33M.
- 70 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q3 2016, down from 76 in Q2 2016.
- Funds reported $128M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q3 2016, up 1.2% quarter-over-quarter.
- 4 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q3 2016 and 9 closed out, a net change of -5 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q3 2016 was HL Financial Services, an estimated $1.61M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q3 2016 was Jane Street, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2016.