First Trust Dow Jones Global Select Dividend Index Fund
126 hedge funds and large institutions have $372M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 18 closing their positions.
52% more capital invested
Capital invested by funds: $244M → $372M (+$128M)
10% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 39
9.27% more ownership
Funds ownership: 45.89% → 55.15% (+9.3%)
4% less funds holding
Funds holding: 131 → 126 (-5)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$63.2M |
| 2 |
FMLI
Fukoku Mutual Life Insurance
Tokyo,
Japan
|
+$14.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13M |
| 4 |
LPL Financial
San Diego,
California
|
+$7.74M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.2M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.47M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.21M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$858K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$782K |
FGD Hedge Fund Activity: Q1 2023 in Review
126 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q1 2023, worth a combined $372M — up 52% from $244M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FGD and 16 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 43 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $63.2M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.2M sold.
- 126 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q1 2023, down from 131 in Q4 2022.
- Funds reported $372M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q1 2023, up 52% quarter-over-quarter.
- 16 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q1 2023 and 18 closed out, a net change of -2 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q1 2023 was First Trust Advisors, an estimated $63.2M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q1 2023 was Goldman Sachs, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2023.