First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
83 hedge funds and large institutions have $230M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 79 → 83 (+4)
1% more capital invested
Capital invested by funds: $227M → $230M (+$2.75M)
0.11% more ownership
Funds ownership: 28.72% → 28.83% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$699K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$453K |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$449K |
| 4 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$433K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$401K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.76M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1.48M |
| 3 |
Jane Street
New York
|
-$539K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$494K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
76
Carroll Financial Associates
Charlotte,
North Carolina
| $8K | – | – | – |
|
77
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
GRP
78
Global Retirement Partners
San Rafael,
California
| $8K | – | – | – |
|
|
AA
79
AlphaMark Advisors
Ft. Wright,
Kentucky
| $7K | -$9.31K | -500 | -56% |
|
|
MWPCG
80
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
| $7K | +$7.45K | +400 | New |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| $4K | +$3.54K | +190 | New |
|
82
William Blair & Company
Chicago,
Illinois
| $2K | – | – | – |
|
|
83
Envestnet Asset Management
Chicago,
Illinois
| – | -$309K | -16,917 | Closed |
|
|
AIP
84
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$220K | -12,035 | Closed |
|
85
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$217K | -11,860 | Closed |
|
|
SFS
86
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$211K | -11,315 | Closed |
|
87
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$27K | -1,459 | Closed |
|
88
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -210 | Closed |
|
MDIV Hedge Fund Activity: Q3 2018 in Review
83 of the 4,375 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 2018, worth a combined $230M — up 1.2% from $227M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MDIV positions and 6 closed out — a net gain of 4 holders — while 26 added to existing stakes and 33 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $699K. The largest seller was Morgan Stanley, cutting an estimated $4.76M.
- 83 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2018, up from 79 in Q2 2018.
- Funds reported $230M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2018, up 1.2% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2018 and 6 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2018 was Raymond James Financial Services Advisors, an estimated $699K added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2018 was Morgan Stanley, an estimated $4.76M sold.
Based on aggregated 13F filings for Q3 2018.