First Trust Dow Jones Global Select Dividend Index Fund
92 hedge funds and large institutions have $246M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
25% more capital invested
Capital invested by funds: $197M → $246M (+$49M)
24% more funds holding
Funds holding: 74 → 92 (+18)
7.71% more ownership
Funds ownership: 41.65% → 49.36% (+7.7%)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$24.2M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$4.43M |
| 3 |
Jane Street
New York
|
+$4.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.4M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.74M |
| 2 |
Morgan Stanley
New York
|
-$2.16M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.08M |
| 4 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
-$758K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$491K |
FGD Hedge Fund Activity: Q4 2017 in Review
92 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2017, worth a combined $246M — up 25% from $197M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FGD positions and 3 closed out — a net gain of 18 holders — while 28 added to existing stakes and 26 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $24.2M. The largest seller was Wells Fargo, cutting an estimated $2.74M.
- 92 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2017, up from 74 in Q3 2017.
- Funds reported $246M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2017, up 25% quarter-over-quarter.
- 21 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2017 and 3 closed out, a net change of +18 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2017 was Simplicity Solutions, an estimated $24.2M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2017 was Wells Fargo, an estimated $2.74M sold.
Based on aggregated 13F filings for Q4 2017.