First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
85 hedge funds and large institutions have $224M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 36 reducing their positions, and 18 closing their positions.
26.46% more ownership
Funds ownership: 0% → 26.46% (+26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 89 → 85 (-4)
5% less capital invested
Capital invested by funds: $236M → $224M (-$12M)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
33% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.23M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.18M |
| 3 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$1.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$927K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.2M |
| 2 |
Morgan Stanley
New York
|
-$4.22M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$2.68M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.05M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.39M |
MDIV Hedge Fund Activity: Q4 2016 in Review
85 of the 4,000 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 Q4 2016, worth a combined $224M — down 5.1% from $236M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MDIV and 16 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 24 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.23M. The largest seller was Royal Bank of Canada, cutting an estimated $5.2M.
- 85 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2016, down from 89 in Q3 2016.
- Funds reported $224M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2016, down 5.1% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2016 and 18 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2016 was Susquehanna International Group, an estimated $2.23M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2016 was Royal Bank of Canada, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2016.