First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
59 hedge funds and large institutions have $171M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 3 reducing their positions, and 7 closing their positions.
1,200% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 3
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $142M → $171M (+$28.4M)
7% more funds holding
Funds holding: 55 → 59 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.08M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.32M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$2.46M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.11M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.06M |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
-$103K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$54K |
| 4 |
LPL Financial
San Diego,
California
|
-$39.1K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$20.3K |
MDIV Hedge Fund Activity: Q3 2014 in Review
59 of the 3,448 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 2014, worth a combined $171M — up 20% from $142M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MDIV positions and 7 closed out — a net gain of 5 holders — while 39 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.08M. The largest seller was Freedom Investment Management, exiting entirely with an estimated $1.06M sold.
- 59 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2014, up from 55 in Q2 2014.
- Funds reported $171M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2014, up 20% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2014 and 7 closed out, a net change of +5 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2014 was Morgan Stanley, an estimated $8.08M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2014 was Freedom Investment Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2014.