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

81 hedge funds and large institutions have $265M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

37% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 27

8% more funds holding

Funds holding: 7581 (+6)

5% less capital invested

Capital invested by funds: $278M → $265M (-$13.2M)

Holders
81
Holders Change
+6
Holders Change %
+8%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
37
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAN
51
Cetera Advisor Networks
California
$463K
CG
52
Colony Group
Massachusetts
$461K -$17.8K -850 -4%
Goldman Sachs
53
Goldman Sachs
New York
$454K -$92.6K -4,426 -16%
Citigroup
54
Citigroup
New York
$427K +$210K +10,043 +89%
PFS
55
Prospera Financial Services
Texas
$422K +$160K +7,648 +57%
VKH
56
Virtu KCG Holdings
New York
$414K +$434K +20,734 New
ICAS
57
Investors Capital Advisory Services
Massachusetts
$411K +$27.7K +1,323 +7%
PTC
58
Private Trust Company
Ohio
$378K +$25.1K +1,200 +7%
SWP
59
Stratos Wealth Partners
Ohio
$325K -$2.84K -136 -0.8%
MAA
60
Managed Account Advisors
New Jersey
$311K +$211K +10,095 +184%
FWM
61
Frontier Wealth Management
Missouri
$281K +$294K +14,062 New
WEC
62
Winslow Evans & Crocker
Massachusetts
$272K -$34.4K -1,646 -11%
KA
63
Kovack Advisors
Florida
$255K +$267K +12,790 New
RJFSA
64
Raymond James Financial Services Advisors
Florida
$251K -$41.3K -1,976 -14%
Millennium Management
65
Millennium Management
New York
$239K -$116K -5,550 -32%
TSS
66
Two Sigma Securities
New York
$206K +$215K +10,302 New
RCAG
67
Rehmann Capital Advisory Group
Michigan
$204K -$76.6K -3,665 -26%
BRWM
68
B. Riley Wealth Management
Tennessee
$182K
BFEC
69
Benjamin F. Edwards & Company
Missouri
$144K -$190K -9,100 -56%
WA
70
WFG Advisors
Texas
$143K +$11.8K +563 +9%
TFA
71
Transamerica Financial Advisors
Florida
$80K
IWMPD
72
Integrated Wealth Management (Palm Desert)
California
$64K -$11.9K -569 -15%
Fifth Third Bancorp
73
Fifth Third Bancorp
Ohio
$45K +$46.8K +2,236 New
AIM
74
Advantage Investment Management
Iowa
$40K +$41.8K +2,000 New
US Bancorp
75
US Bancorp
Minnesota
$38K +$34.2K +1,635 +560%

MDIV Hedge Fund Activity: Q2 2015 in Review

81 of the 3,711 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 2015, worth a combined $265M — down 4.7% from $278M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new MDIV positions and 6 closed out — a net gain of 7 holders — while 37 added to existing stakes and 27 trimmed.

The largest buyer was Trustmark National Bank Trust Department, adding an estimated $11.9M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $6.92M sold.

  • 81 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2015, up from 75 in Q1 2015.
  • Funds reported $265M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2015, down 4.7% quarter-over-quarter.
  • 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2015 and 6 closed out, a net change of +7 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2015 was Trustmark National Bank Trust Department, an estimated $11.9M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2015 was Aviance Capital Management, an estimated $6.92M sold.

Based on aggregated 13F filings for Q2 2015.