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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
SWP
51
Stratos Wealth Partners
Ohio
$250K -$46.2K -2,621 -16%
BRWA
52
B. Riley Wealth Advisors
Florida
$249K +$18.1K +1,025 +8%
Jane Street
53
Jane Street
New York
$248K -$1.76M -99,546 -88%
HPWM
54
Highland Private Wealth Management
Washington
$246K
KA
55
Kovack Advisors
Florida
$240K
FWM
56
Frontier Wealth Management
Missouri
$220K +$4.66K +264 +2%
UCFA
57
United Capital Financial Advisors
Texas
$203K -$195K -11,062 -50%
Koshinski Asset Management
58
Koshinski Asset Management
Illinois
$203K -$11.8K -670 -6%
Citigroup
59
Citigroup
New York
$179K -$298K -16,890 -64%
WA
60
WFG Advisors
Texas
$179K +$8.85K +502 +6%
WEC
61
Winslow Evans & Crocker
Massachusetts
$171K -$20.2K -1,147 -11%
BFEC
62
Benjamin F. Edwards & Company
Missouri
$171K -$61.7K -3,500 -28%
OC
63
Oakworth Capital
Alabama
$50K +$6.05K +343 +15%
IWMPD
64
Integrated Wealth Management (Palm Desert)
California
$39K
US Bancorp
65
US Bancorp
Minnesota
$30K -$17.8K -1,010 -38%
S
66
SignatureFD
Georgia
$25K +$7.05K +400 +42%
TFA
67
Transamerica Financial Advisors
Florida
$19K -$40.6K -2,300 -70%
CK
68
Carnick & Kubik
Colorado
$14K +$13.2K +750 New
NFG
69
Next Financial Group
Texas
$11K -$608K -34,481 -98%
DBT
70
Dubuque Bank & Trust
Iowa
$10K
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7K +$6.84K +388 New
Northwestern Mutual Wealth Management
72
Northwestern Mutual Wealth Management
Wisconsin
$4K -$4.67K -265 -57%
Fifth Third Bancorp
73
Fifth Third Bancorp
Ohio
$4K
TRCT
74
Tower Research Capital (TRC)
New York
$1K +$776 +44 New
SS
75
Simplicity Solutions
Minnesota
-$2.42M -132,115 Closed

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.