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First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

80 hedge funds and large institutions have $211M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less funds holding

Funds holding: 8180 (-1)

20% less capital invested

Capital invested by funds: $265M → $211M (-$54.3M)

22% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 37

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $5K

Holders
80
Holders Change
-1
Holders Change %
-1.23%
% of All Funds
2.23%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
9
Increased
29
Reduced
37
Closed
8
Calls
Puts
$5K
Net Calls
-$5K
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
LI
26
LVZ Inc
Michigan
$1.14M +$1.21M +62,166 New
FHC
27
First Heartland Consultants
Missouri
$1.03M +$461K +23,657 +73%
VFS
28
VSR Financial Services
Kansas
$955K -$473K -24,282 -32%
DADC
29
D.A. Davidson & Co
Montana
$890K +$171K +8,765 +22%
Baird Financial Group
30
Baird Financial Group
Wisconsin
$824K -$723K -37,129 -45%
CA
31
Cetera Advisors
Colorado
$812K -$85.6K -4,395 -9%
SI
32
SII Investments
Wisconsin
$807K -$36.5K -1,873 -4%
NFG
33
Next Financial Group
Texas
$781K -$608K -31,215 -42%
NPC
34
National Planning Corporation
California
$736K -$334K -17,132 -31%
BTS
35
BB&T Securities
Virginia
$727K -$389K -19,983 -34%
CAN
36
Cetera Advisor Networks
California
$726K +$342K +17,559 +80%
FAAS
37
First Allied Advisory Services
California
$667K +$19.4K +995 +3%
CAL
38
Capital Analysts LLC
Pennsylvania
$655K +$29.7K +1,525 +4%
MFS
39
MSI Financial Services
Massachusetts
$618K +$18.5K +951 +3%
SPC
40
Sigma Planning Corp
Michigan
$587K +$62.5K +3,211 +11%
ICOA
41
Investment Centers of America
North Dakota
$577K +$28K +1,436 +5%
JP Morgan Chase
42
JP Morgan Chase
New York
$494K -$37.8K -1,940 -7%
AIM
43
Advantage Investment Management
Iowa
$479K +$468K +24,057 +1,203%
CG
44
Colony Group
Massachusetts
$429K +$4.87K +250 +1%
ICAS
45
Investors Capital Advisory Services
Massachusetts
$406K +$29K +1,490 +7%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$403K -$239K -12,274 -36%
Citigroup
47
Citigroup
New York
$388K -$4.58K -235 -1%
UCFA
48
United Capital Financial Advisors
Texas
$381K -$82.3K -4,227 -17%
Citadel Advisors
49
Citadel Advisors
Florida
$376K +$398K +20,458 New
ACM
50
Argentus Capital Management
Texas
$369K -$3.49M -179,123 -90%

MDIV Hedge Fund Activity: Q3 2015 in Review

80 of the 3,582 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 Q3 2015, worth a combined $211M — down 20% from $265M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MDIV positions and 8 closed out — a net gain of 1 holder — while 29 added to existing stakes and 37 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.3M. The largest seller was Wells Fargo, cutting an estimated $14.4M.

  • 80 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2015, down from 81 in Q2 2015.
  • Funds reported $211M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2015, down 20% quarter-over-quarter.
  • 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2015 and 8 closed out, a net change of +1 holder.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $13.3M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2015 was Wells Fargo, an estimated $14.4M sold.

Based on aggregated 13F filings for Q3 2015.