First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
77 hedge funds and large institutions have $247M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 16 closing their positions.
11% more capital invested
Capital invested by funds: $224M → $247M (+$23.6M)
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
2.21% more ownership
Funds ownership: 26.46% → 28.67% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 85 → 77 (-8)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.42M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$4.36M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$3.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.09M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.43M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$699K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$675K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$523K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$492K |
MDIV Hedge Fund Activity: Q1 2017 in Review
77 of the 4,018 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 2017, worth a combined $247M — up 11% from $224M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MDIV and 9 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $5.42M. The largest seller was Susquehanna International Group, cutting an estimated $2.43M.
- 77 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2017, down from 85 in Q4 2016.
- Funds reported $247M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2017, up 11% quarter-over-quarter.
- 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2017 and 16 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2017 was Morgan Stanley, an estimated $5.42M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2017 was Susquehanna International Group, an estimated $2.43M sold.
Based on aggregated 13F filings for Q1 2017.