First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
75 hedge funds and large institutions have $260M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 10 reducing their positions, and 9 closing their positions.
360% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $222M → $260M (+$37.6M)
7% more funds holding
Funds holding: 70 → 75 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.92M |
| 2 |
Morgan Stanley
New York
|
+$8.33M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$4.57M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.43M |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$814K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$758K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$680K |
MDIV Hedge Fund Activity: Q1 2015 in Review
75 of the 3,770 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 Q1 2015, worth a combined $260M — up 17% from $222M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MDIV positions and 9 closed out — a net gain of 6 holders — while 46 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.92M. The largest seller was Jane Street, exiting entirely with an estimated $4.7M sold.
- 75 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2015, up from 70 in Q4 2014.
- Funds reported $260M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2015, up 17% quarter-over-quarter.
- 15 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2015 and 9 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2015 was Wells Fargo, an estimated $8.92M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2015 was Jane Street, an estimated $4.7M sold.
Based on aggregated 13F filings for Q1 2015.