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

76 hedge funds and large institutions have $192M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less capital invested

Capital invested by funds: $205M → $192M (-$12.6M)

6% less funds holding

Funds holding: 8176 (-5)

36% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 39

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
76
Holders Change
-5
Holders Change %
-6.17%
% of All Funds
2.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
25
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$957K +$38.4K +2,178 +4%
PHIMC
27
Private Harbour Investment Management & Counsel
Ohio
$949K -$293K -16,625 -25%
BWM
28
BerganKDV Wealth Management
Minnesota
$891K +$847K +48,011 New
AIM
29
Advantage Investment Management
Iowa
$837K +$137K +7,780 +21%
CAN
30
Cetera Advisor Networks
California
$812K +$494 +28 +0.1%
BTS
31
BB&T Securities
Virginia
$803K +$104K +5,914 +16%
NPC
32
National Planning Corporation
California
$764K -$258K -14,616 -27%
FHC
33
First Heartland Consultants
Missouri
$738K +$94.6K +5,364 +16%
IA
34
IFP Advisors
Florida
$676K -$1.56M -88,286 -71%
CA
35
Cetera Advisors
Colorado
$666K -$101K -5,702 -14%
SI
36
SII Investments
Wisconsin
$590K +$29.1K +1,649 +5%
CAL
37
Capital Analysts LLC
Pennsylvania
$590K -$25.9K -1,470 -4%
Stifel Financial
38
Stifel Financial
Missouri
$582K -$379K -21,490 -41%
PAG
39
Private Advisor Group
New Jersey
$551K -$461K -26,112 -47%
PTC
40
Private Trust Company
Ohio
$525K +$180K +10,181 +56%
ACM
41
Argentus Capital Management
Texas
$517K +$216K +12,256 +79%
Cetera Investment Advisers
42
Cetera Investment Advisers
Illinois
$498K -$80.5K -4,564 -14%
VFS
43
VSR Financial Services
Kansas
$454K -$290K -16,440 -40%
SPC
44
Sigma Planning Corp
Michigan
$381K -$108K -6,143 -23%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$354K -$98.5K -5,583 -23%
ICAS
46
Investors Capital Advisory Services
Massachusetts
$332K -$71.2K -4,039 -18%
OC
47
Oppenheimer & Co
New York
$323K +$7.13K +404 +2%
UR
48
USCA RIA
Texas
$309K +$3.9K +221 +1%
JP Morgan Chase
49
JP Morgan Chase
New York
$303K +$19.7K +1,119 +7%
DAS
50
Dynamic Advisor Solutions
Arizona
$291K +$276K +15,664 New

MDIV Hedge Fund Activity: Q1 2016 in Review

76 of the 3,754 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 2016, worth a combined $192M — down 6.2% from $205M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MDIV and 6 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 25 added.

The largest buyer was Bank of America, adding an estimated $883K. The largest seller was Morgan Stanley, cutting an estimated $3.48M.

  • 76 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2016, down from 81 in Q4 2015.
  • Funds reported $192M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2016, down 6.2% quarter-over-quarter.
  • 6 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2016 and 10 closed out, a net change of -4 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2016 was Bank of America, an estimated $883K added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2016 was Morgan Stanley, an estimated $3.48M sold.

Based on aggregated 13F filings for Q1 2016.