First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
78 hedge funds and large institutions have $215M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 9 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
12% more capital invested
Capital invested by funds: $192M → $215M (+$22.6M)
3% more funds holding
Funds holding: 76 → 78 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$12.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.63M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.34M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.9M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$14.9M |
| 2 |
AIG
American International Group
New York
|
-$2.75M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.71M |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$472K |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$376K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
76
American International Group
New York
| – | -$2.75M | -148,204 | Closed |
|
|
77
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$2.71M | -146,103 | Closed |
|
78
Jane Street
New York
| – | -$248K | -13,366 | Closed |
|
|
HPWM
79
Highland Private Wealth Management
Bellevue,
Washington
| – | -$246K | -13,300 | Closed |
|
|
FWM
80
Frontier Wealth Management
Kansas City,
Missouri
| – | -$220K | -11,846 | Closed |
|
|
S
81
SignatureFD
Atlanta,
Georgia
| – | -$25K | -1,350 | Closed |
|
|
TFA
82
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$19K | -1,000 | Closed |
|
|
DBT
83
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$10K | -520 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$1K | -44 | Closed |
|
|
BCI
85
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$38 | +2 | New |
|
MDIV Hedge Fund Activity: Q2 2016 in Review
78 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 Q2 2016, worth a combined $215M — up 12% from $192M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MDIV positions and 9 closed out — a net gain of 3 holders — while 34 added to existing stakes and 25 trimmed.
The largest buyer was Stratos Wealth Partners, adding an estimated $12.6M. The largest seller was LPL Financial, cutting an estimated $14.9M.
- 78 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2016, up from 76 in Q1 2016.
- Funds reported $215M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2016, up 12% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2016 and 9 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2016 was Stratos Wealth Partners, an estimated $12.6M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2016 was LPL Financial, an estimated $14.9M sold.
Based on aggregated 13F filings for Q2 2016.