First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
70 hedge funds and large institutions have $222M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 9 reducing their positions, and 5 closing their positions.
344% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 9
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
30% more capital invested
Capital invested by funds: $171M → $222M (+$51.6M)
19% more funds holding
Funds holding: 59 → 70 (+11)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.65M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$5.71M |
| 3 |
Morgan Stanley
New York
|
+$5.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.79M |
| 5 |
Jane Street
New York
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Strategic Capital Alternatives
Gig Harbor,
United States
|
-$2.94M |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
-$1.33M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$557K |
| 4 |
NES
New England Securities
New York
|
-$311K |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$292K |
MDIV Hedge Fund Activity: Q4 2014 in Review
70 of the 3,765 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 Q4 2014, worth a combined $222M — up 30% from $171M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MDIV positions and 5 closed out — a net gain of 13 holders — while 40 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.65M. The largest seller was Strategic Capital Alternatives, cutting an estimated $2.94M.
- 70 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2014, up from 59 in Q3 2014.
- Funds reported $222M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2014, up 30% quarter-over-quarter.
- 18 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2014 and 5 closed out, a net change of +13 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2014 was Wells Fargo, an estimated $8.65M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2014 was Strategic Capital Alternatives, an estimated $2.94M sold.
Based on aggregated 13F filings for Q4 2014.