First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
39 hedge funds and large institutions have $105M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 39 → 39 (0)
8% less capital invested
Capital invested by funds: $114M → $105M (-$8.63M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.17M |
| 2 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$1.03M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$1.02M |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
+$713K |
| 5 |
Morgan Stanley
New York
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.04M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1M |
| 5 |
LPL Financial
San Diego,
California
|
-$806K |
MDIV Hedge Fund Activity: Q3 2013 in Review
39 of the 3,096 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 2013, worth a combined $105M — down 7.6% from $114M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MDIV positions and 7 closed out — a net gain of 1 holder — while 20 added to existing stakes and 8 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $1.17M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.4M sold.
- 39 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $105M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2013, down 7.6% quarter-over-quarter.
- 8 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2013 and 7 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2013 was Janney Montgomery Scott, an estimated $1.17M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2013 was Susquehanna International Group, an estimated $3.4M sold.
Based on aggregated 13F filings for Q3 2013.