First Trust Dow Jones Global Select Dividend Index Fund
FGD
129 hedge funds and large institutions have $379M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
8% more capital invested
Capital invested by funds: $350M → $379M (+$29M)
6% more funds holding
Funds holding: 122 → 129 (+7)
3.29% more ownership
Funds ownership: 55.4% → 58.69% (+3.3%)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.75M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$3.84M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.12M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.73M |
| 3 |
HWP
Hibernia Wealth Partners
Baton Rouge,
Louisiana
|
-$4.25M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.59M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.77M |
FGD Hedge Fund Activity: Q4 2023 in Review
129 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2023, worth a combined $379M — up 8.3% from $350M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FGD positions and 13 closed out — a net gain of 8 holders — while 42 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was Wells Fargo, cutting an estimated $10.1M.
- 129 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2023, up from 122 in Q3 2023.
- Funds reported $379M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2023, up 8.3% quarter-over-quarter.
- 21 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2023 and 13 closed out, a net change of +8 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $18.2M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2023 was Wells Fargo, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2023.