First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
75 hedge funds and large institutions have $278M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 10 reducing their positions, and 9 closing their positions.
360% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
24% more capital invested
Capital invested by funds: $224M → $278M (+$54.1M)
7% more funds holding
Funds holding: 70 → 75 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.92M |
| 2 |
Morgan Stanley
New York
|
+$8.33M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$4.57M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.43M |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$814K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$758K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$680K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
76
Virtu KCG Holdings
New York
| – | -$680K | -31,965 | Closed |
|
77
M&T Bank
Buffalo,
New York
| – | -$577K | -27,144 | Closed |
|
|
AI
78
Atria Investments
Charlotte,
North Carolina
| – | -$522K | -24,530 | Closed |
|
|
CS
79
Credit Suisse
Zurich,
Switzerland
| – | -$331K | -15,539 | Closed |
|
80
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$270K | -12,755 | Closed |
|
81
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$56K | -2,650 | Closed |
|
|
BRWA
82
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$10 | -469 | Closed |
|
MDIV Hedge Fund Activity: Q1 2015 in Review
75 of the 3,752 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 2015, worth a combined $278M — up 24% from $224M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MDIV positions and 9 closed out — a net gain of 6 holders — while 46 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.92M. The largest seller was Jane Street, exiting entirely with an estimated $4.7M sold.
- 75 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2015, up from 70 in Q4 2014.
- Funds reported $278M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2015, up 24% quarter-over-quarter.
- 15 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2015 and 9 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2015 was Wells Fargo, an estimated $8.92M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2015 was Jane Street, an estimated $4.7M sold.
Based on aggregated 13F filings for Q1 2015.