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

87 hedge funds and large institutions have $155M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

12% more capital invested

Capital invested by funds: $138M → $155M (+$16.9M)

2.02% more ownership

Funds ownership: 29.45%31.46% (+2%)

3% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 31

0% more funds holding

Funds holding: 8787 (0)

Holders
87
Holders Change
Holders Change %
0%
% of All Funds
1.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
32
Reduced
31
Closed
7
Calls
$7K
Puts
Net Calls
+$7K
Net Calls Change
-$25K
Name Holding Trade Value Shares
Change
Change in
Stake
JIP
26
Jaffetilchin Investment Partners
Florida
$903K +$56.1K +3,338 +7%
CAN
27
Cetera Advisor Networks
California
$894K +$206K +12,259 +30%
CCIA
28
Cherry Creek Investment Advisors
Colorado
$824K +$816K +48,559 New
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$729K -$26.6K -1,584 -4%
FAIM
30
Financial Advocates Investment Management
Washington
$693K -$680K -40,484 -50%
Stifel Financial
31
Stifel Financial
Missouri
$671K -$108K -6,443 -14%
IA
32
IFP Advisors
Florida
$571K +$23.9K +1,425 +4%
Citadel Advisors
33
Citadel Advisors
Florida
$553K +$197K +11,696 +56%
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$544K -$18.4K -1,094 -3%
Rockefeller Capital Management
35
Rockefeller Capital Management
New York
$544K -$15.4K -915 -3%
AF
36
Advisornet Financial
Minnesota
$537K +$217K +12,904 +69%
SIM
37
SSI Investment Management
California
$535K +$47.1K +2,805 +10%
Lido Advisors
38
Lido Advisors
California
$524K +$183K +10,865 +54%
PAG
39
Private Advisor Group
New Jersey
$517K
Baird Financial Group
40
Baird Financial Group
Wisconsin
$499K -$194K -11,541 -28%
RA
41
RFG Advisory
Alabama
$494K -$69.6K -4,140 -12%
TWM
42
Titus Wealth Management
California
$460K
WS
43
Wedbush Securities
California
$434K +$55.5K +3,305 +15%
LFAS
44
Level Four Advisory Services
Texas
$359K +$336 +20 +0.1%
CA
45
Cetera Advisors
Colorado
$351K +$79.8K +4,751 +30%
KAS
46
Kestra Advisory Services
Texas
$338K -$2.84K -169 -0.8%
CFGS
47
Concourse Financial Group Securities
Alabama
$304K -$4.67K -278 -2%
SWP
48
Stratos Wealth Partners
Ohio
$301K +$102K +6,086 +52%
BFA
49
Beacon Financial Advisory
Ohio
$280K -$41.9K -2,493 -13%
PFS
50
Prospera Financial Services
Texas
$280K +$36.6K +2,180 +15%

MDIV Hedge Fund Activity: Q2 2021 in Review

87 of the 5,745 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 Q2 2021, worth a combined $155M — up 12% from $138M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MDIV positions and 7 closed out — a net gain of 1 holder — while 32 added to existing stakes and 31 trimmed.

The largest buyer was Wells Fargo, adding an estimated $4.04M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $910K sold.

  • 87 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2021, unchanged from Q1 2021.
  • Funds reported $155M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2021, up 12% quarter-over-quarter.
  • 8 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2021 and 7 closed out, a net change of +1 holder.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2021 was Wells Fargo, an estimated $4.04M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2021 was Susquehanna International Group, an estimated $910K sold.

Based on aggregated 13F filings for Q2 2021.