First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
80 hedge funds and large institutions have $211M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 81 → 80 (-1)
20% less capital invested
Capital invested by funds: $265M → $211M (-$54.3M)
22% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 37
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$13.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.38M |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
+$1.21M |
| 4 |
Jane Street
New York
|
+$974K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$932K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$14.4M |
| 2 |
Morgan Stanley
New York
|
-$12.6M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$4.54M |
| 4 |
LPL Financial
San Diego,
California
|
-$4.35M |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$3.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DBT
76
Dubuque Bank & Trust
Dubuque,
Iowa
| $10K | – | – | – |
|
77
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | -$38.9K | -2,000 | -89% |
|
|
PSI
78
Pinnacle Summer Investments
Fairfax,
Virginia
| $4K | +$4.67K | +240 | New |
|
|
RIA
79
Regal Investment Advisors
Kentwood,
Michigan
| $3K | – | – | – |
|
|
RPG
80
Risk Paradigm Group
Austin,
Texas
| $1.93K | +$2.04K | +105 | New |
|
|
SI
81
Stephens Inc
Little Rock,
Arkansas
| – | -$4.54M | -227,645 | Closed |
|
|
SFG
82
SNS Financial Group
Minneapolis,
Minnesota
| – | -$2.87M | -143,538 | Closed |
|
|
FIM
83
Freedom Investment Management
Hartford,
Connecticut
| – | -$747K | -37,423 | Closed |
|
84
Millennium Management
New York
| – | -$239K | -11,951 | Closed |
|
|
RCAG
85
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$204K | -10,208 | Closed |
|
|
BRWM
86
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$182K | -9,130 | Closed |
|
MDIV Hedge Fund Activity: Q3 2015 in Review
80 of the 3,582 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 2015, worth a combined $211M — down 20% from $265M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MDIV positions and 8 closed out — a net gain of 1 holder — while 29 added to existing stakes and 37 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.3M. The largest seller was Wells Fargo, cutting an estimated $14.4M.
- 80 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2015, down from 81 in Q2 2015.
- Funds reported $211M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2015, down 20% quarter-over-quarter.
- 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2015 and 8 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $13.3M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2015 was Wells Fargo, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2015.