First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
94 hedge funds and large institutions have $149M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more capital invested
Capital invested by funds: $137M → $149M (+$12.1M)
0% more funds holding
Funds holding: 94 → 94 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.76% less ownership
Funds ownership: 32.23% → 31.47% (-0.76%)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$4.37M |
| 2 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$3.13M |
| 3 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
+$1.1M |
| 4 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
+$712K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.32M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.93M |
| 4 |
Morgan Stanley
New York
|
-$1.34M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
101
Synovus Financial
Columbus,
Georgia
| – | -$7K | -600 | Closed |
|
102
William Blair & Company
Chicago,
Illinois
| – | -$1K | -112 | Closed |
|
103
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -84 | Closed |
|
MDIV Hedge Fund Activity: Q2 2020 in Review
94 of the 4,877 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 2020, worth a combined $149M — up 8.8% from $137M a quarter earlier.
Fund positioning in MDIV was balanced in Q2 2020: 11 funds opened new positions, 11 closed out, 27 added to existing stakes and 34 trimmed.
The largest buyer was Flaharty Asset Management, opening a new position worth an estimated $4.37M. The largest seller was Ameriprise, cutting an estimated $14M.
- 94 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $149M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2020, up 8.8% quarter-over-quarter.
- 11 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2020 and 11 closed out, a net change of 0 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2020 was Flaharty Asset Management, an estimated $4.37M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2020 was Ameriprise, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2020.