First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
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.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $205M → $192M (-$12.6M)
6% less funds holding
Funds holding: 81 → 76 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$883K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$665K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$548K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$513K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.48M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.15M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.1M |
| 5 |
Jane Street
New York
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
76
Virtu KCG Holdings
New York
| – | -$464K | -25,321 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$430K | -23,414 | Closed |
|
|
PFS
78
Prospera Financial Services
Dallas,
Texas
| – | -$229K | -12,477 | Closed |
|
|
TSS
79
Two Sigma Securities
New York
| – | -$219K | -11,941 | Closed |
|
80
HighTower Advisors
Chicago,
Illinois
| – | -$174K | -10,214 | Closed |
|
|
CG
81
Colony Group
Boston,
Massachusetts
| – | -$94K | -5,150 | Closed |
|
|
AIA
82
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$46K | -2,505 | Closed |
|
|
BAM
83
Bruderman Asset Management
Locust Valley,
New York
| – | -$18K | -955 | Closed |
|
|
CCS
84
Crosspoint Capital Strategies
Orinda,
California
| – | -$3K | -119 | Closed |
|
85
Creative Planning
Overland Park,
Kansas
| – | -$1.76K | -100 | -97% |
|
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.