First Trust Dow Jones Global Select Dividend Index Fund
95 hedge funds and large institutions have $272M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 8 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
21% more capital invested
Capital invested by funds: $224M → $272M (+$47.9M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
8.57% more ownership
Funds ownership: 44.87% → 53.43% (+8.6%)
2% less funds holding
Funds holding: 97 → 95 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$20.8M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$18.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.11M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.42M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$709K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$392K |
| 4 |
QCM
Quest Capital Management
Dallas,
Texas
|
-$312K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$258K |
FGD Hedge Fund Activity: Q2 2019 in Review
95 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q2 2019, worth a combined $272M — up 21% from $224M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FGD positions and 8 closed out — a net gain of 1 holder — while 41 added to existing stakes and 27 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $20.8M. The largest seller was Morgan Stanley, cutting an estimated $1.42M.
- 95 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q2 2019, down from 97 in Q1 2019.
- Funds reported $272M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q2 2019, up 21% quarter-over-quarter.
- 9 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q2 2019 and 8 closed out, a net change of +1 holder.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q2 2019 was AE Wealth Management, an estimated $20.8M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q2 2019 was Morgan Stanley, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2019.