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

89 hedge funds and large institutions have $236M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 3

67% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 24

14% more funds holding

Funds holding: 7889 (+11)

10% more capital invested

Capital invested by funds: $215M → $236M (+$20.7M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
89
Holders Change
+11
Holders Change %
+14.1%
% of All Funds
2.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
40
Reduced
24
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IH
26
IFC Holdings
Florida
$1.38M -$118K -6,066 -8%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$1.13M -$68.7K -3,534 -6%
WI
28
Wintrust Investments
Illinois
$1.07M +$1.1M +56,740 New
FAAS
29
First Allied Advisory Services
California
$1.06M +$38.5K +1,978 +4%
DADC
30
D.A. Davidson & Co
Montana
$971K -$97.2K -5,001 -9%
AIM
31
Advantage Investment Management
Iowa
$952K +$78.2K +4,025 +9%
CA
32
Cetera Advisors
Colorado
$943K +$290K +14,925 +43%
NPC
33
National Planning Corporation
California
$902K -$2.68K -138 -0.3%
BWM
34
BerganKDV Wealth Management
Minnesota
$843K -$126K -6,465 -13%
PHIMC
35
Private Harbour Investment Management & Counsel
Ohio
$838K -$151K -7,775 -15%
FHC
36
First Heartland Consultants
Missouri
$737K
AGM
37
Alpine Global Management
New York
$664K +$683K +35,116 New
ICOA
38
Investment Centers of America
North Dakota
$651K +$11.7K +602 +2%
OC
39
Oppenheimer & Co
New York
$640K +$232K +11,942 +55%
Stifel Financial
40
Stifel Financial
Missouri
$608K -$138K -7,120 -18%
HighTower Advisors
41
HighTower Advisors
Illinois
$608K +$334K +17,204 +114%
DAS
42
Dynamic Advisor Solutions
Arizona
$600K +$46.1K +2,373 +8%
Jane Street
43
Jane Street
New York
$568K +$584K +30,016 New
PTC
44
Private Trust Company
Ohio
$544K +$9.72K +500 +2%
PAG
45
Private Advisor Group
New Jersey
$528K +$28K +1,439 +5%
Cetera Investment Advisers
46
Cetera Investment Advisers
Illinois
$474K +$46.2K +2,379 +10%
SI
47
SII Investments
Wisconsin
$456K -$1.65M -84,754 -78%
MIAN
48
Mariner Independent Advisor Network
Kansas
$443K +$455K +23,407 New
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$431K -$1.12M -57,712 -72%
Citadel Advisors
50
Citadel Advisors
Florida
$424K +$435K +22,395 New

MDIV Hedge Fund Activity: Q3 2016 in Review

89 of the 3,748 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 2016, worth a combined $236M — up 9.6% from $215M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new MDIV positions and 3 closed out — a net gain of 14 holders — while 40 added to existing stakes and 24 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $9.78M. The largest seller was SII Investments, cutting an estimated $1.65M.

  • 89 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2016, up from 78 in Q2 2016.
  • Funds reported $236M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2016, up 9.6% quarter-over-quarter.
  • 17 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2016 and 3 closed out, a net change of +14 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2016 was Morgan Stanley, an estimated $9.78M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2016 was SII Investments, an estimated $1.65M sold.

Based on aggregated 13F filings for Q3 2016.