First Trust Dow Jones Global Select Dividend Index Fund
101 hedge funds and large institutions have $168M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 19 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
7.9% less ownership
Funds ownership: 52.83% → 44.93% (-7.9%)
10% less funds holding
Funds holding: 112 → 101 (-11)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
48% less capital invested
Capital invested by funds: $324M → $168M (-$156M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.84M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$890K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$724K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$672K |
| 5 |
Jane Street
New York
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$11.5M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$9.96M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$9.69M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.53M |
FGD Hedge Fund Activity: Q1 2020 in Review
101 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q1 2020, worth a combined $168M — down 48% from $324M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FGD and 12 opened new positions — a net loss of 7 holders — while 35 trimmed existing stakes and 33 added.
The largest buyer was Citadel Advisors, adding an estimated $3.84M. The largest seller was Wells Fargo, cutting an estimated $12.9M.
- 101 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q1 2020, down from 112 in Q4 2019.
- Funds reported $168M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q1 2020, down 48% quarter-over-quarter.
- 12 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q1 2020 and 19 closed out, a net change of -7 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q1 2020 was Citadel Advisors, an estimated $3.84M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q1 2020 was Wells Fargo, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2020.