First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
42 hedge funds and large institutions have $119M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 2 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $109M → $119M (+$9.83M)
2% more funds holding
Funds holding: 41 → 42 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.58M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.33M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$916K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$644K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.65M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$504K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$459K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$297K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$184K |
MDIV Hedge Fund Activity: Q1 2014 in Review
42 of the 3,464 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 Q1 2014, worth a combined $119M — up 9% from $109M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MDIV positions and 2 closed out — a net gain of 1 holder — while 24 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.58M. The largest seller was Bank of America, cutting an estimated $1.65M.
- 42 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2014, up from 41 in Q4 2013.
- Funds reported $119M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2014, up 9% quarter-over-quarter.
- 3 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2014 was Morgan Stanley, an estimated $2.58M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2014 was Bank of America, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2014.