First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
41 hedge funds and large institutions have $109M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
5% more funds holding
Funds holding: 39 → 41 (+2)
3% more capital invested
Capital invested by funds: $105M → $109M (+$3.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$4.01M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.28M |
| 3 |
AIG
American International Group
New York
|
+$765K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$508K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.53M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$693K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$201K |
MDIV Hedge Fund Activity: Q4 2013 in Review
41 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) for Q4 2013, worth a combined $109M — up 3.2% from $105M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MDIV positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was UBS, adding an estimated $4.01M. The largest seller was Morgan Stanley, cutting an estimated $1.9M.
- 41 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2013, up from 39 in Q3 2013.
- Funds reported $109M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2013, up 3.2% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2013 was UBS, an estimated $4.01M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2013 was Morgan Stanley, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2013.