First Trust Dow Jones Global Select Dividend Index Fund
FGD
90 hedge funds and large institutions have $254M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 5 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 33
1.26% more ownership
Funds ownership: 49.36% → 50.62% (+1.3%)
3% more capital invested
Capital invested by funds: $246M → $254M (+$8.32M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 92 → 90 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.53M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$4.51M |
| 4 |
Morgan Stanley
New York
|
+$4.34M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
-$14M |
| 2 |
Jane Street
New York
|
-$4.4M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.72M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.41M |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$808K |
FGD Hedge Fund Activity: Q1 2018 in Review
90 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q1 2018, worth a combined $254M — up 3.4% from $246M a quarter earlier.
Fund positioning in FGD was balanced in Q1 2018: 5 funds opened new positions, 5 closed out, 38 added to existing stakes and 33 trimmed.
The largest buyer was Wells Fargo, adding an estimated $14.1M. The largest seller was Brouwer & Janachowski, cutting an estimated $14M.
- 90 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q1 2018, down from 92 in Q4 2017.
- Funds reported $254M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q1 2018, up 3.4% quarter-over-quarter.
- 5 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q1 2018 and 5 closed out, a net change of 0 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q1 2018 was Wells Fargo, an estimated $14.1M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q1 2018 was Brouwer & Janachowski, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2018.