First Trust Dow Jones Global Select Dividend Index Fund
131 hedge funds and large institutions have $244M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 45 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
10% more funds holding
Funds holding: 119 → 131 (+12)
1% less capital invested
Capital invested by funds: $247M → $244M (-$2.85M)
3.85% less ownership
Funds ownership: 49.74% → 45.89% (-3.8%)
18% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.83M |
| 2 |
Jane Street
New York
|
+$3.97M |
| 3 |
Goldman Sachs
New York
|
+$2.08M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.96M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.61M |
| 4 |
Morgan Stanley
New York
|
-$3.99M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.15M |
FGD Hedge Fund Activity: Q4 2022 in Review
131 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2022, worth a combined $244M — down 1.2% from $247M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FGD positions and 13 closed out — a net gain of 13 holders — while 37 added to existing stakes and 45 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.83M. The largest seller was First Trust Advisors, exiting entirely with an estimated $27.2M sold.
- 131 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2022, up from 119 in Q3 2022.
- Funds reported $244M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2022, down 1.2% quarter-over-quarter.
- 26 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2022 and 13 closed out, a net change of +13 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2022 was LPL Financial, an estimated $4.83M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2022 was First Trust Advisors, an estimated $27.2M sold.
Based on aggregated 13F filings for Q4 2022.