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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
SPC
51
Sigma Planning Corp
Michigan
$401K +$21K +1,079 +5%
WS
52
Wedbush Securities
California
$398K -$10.9K -563 -3%
KA
53
Kovack Advisors
Florida
$394K +$155K +7,994 +62%
CWM
54
Cornerstone Wealth Management
Missouri
$394K +$411K +21,140 New
BFEC
55
Benjamin F. Edwards & Company
Missouri
$371K +$138K +7,088 +57%
Envestnet Asset Management
56
Envestnet Asset Management
Illinois
$329K -$22.1K -1,136 -6%
JP Morgan Chase
57
JP Morgan Chase
New York
$312K +$7.79K +401 +2%
UR
58
USCA RIA
Texas
$307K +$2.37K +122 +0.8%
CAL
59
Capital Analysts LLC
Pennsylvania
$305K -$186K -9,579 -37%
WA
60
WFG Advisors
Texas
$259K +$7.25K +373 +3%
BRWA
61
B. Riley Wealth Advisors
Florida
$254K +$447 +23 +0.2%
HPWM
62
Highland Private Wealth Management
Washington
$251K +$259K +13,300 New
M&T Bank
63
M&T Bank
New York
$243K
KSA
64
Ken Stern & Associates
California
$225K +$231K +11,894 New
Koshinski Asset Management
65
Koshinski Asset Management
Illinois
$217K +$4.51K +232 +2%
CWM
66
Concert Wealth Management
California
$214K +$220K +11,321 New
FWM
67
Frontier Wealth Management
Missouri
$204K +$210K +10,801 New
NA
68
NewEdge Advisors
Louisiana
$200K
GLRA
69
Gerald L. Ray & Associates
Texas
$199K +$204K +10,500 New
Citigroup
70
Citigroup
New York
$168K -$300K -15,415 -63%
WEC
71
Winslow Evans & Crocker
Massachusetts
$141K -$23.2K -1,194 -14%
BA
72
BKS Advisors
Michigan
$126K +$129K +6,656 New
NFG
73
Next Financial Group
Texas
$106K +$97K +4,992 +832%
OC
74
Oakworth Capital
Alabama
$79K +$32.1K +1,650 +65%
IWMPD
75
Integrated Wealth Management (Palm Desert)
California
$40K

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.