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First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

75 hedge funds and large institutions have $278M 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.

New
Increased
Maintained
Reduced
Closed

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

24% more capital invested

Capital invested by funds: $224M → $278M (+$54.1M)

7% more funds holding

Funds holding: 7075 (+5)

Holders
75
Holders Change
+5
Holders Change %
+7.14%
% of All Funds
2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
46
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$55.9M +$8.33M +391,524 +17%
Wells Fargo
2
Wells Fargo
California
$42M +$8.92M +419,211 +27%
UBS Group
3
UBS Group
Switzerland
$24.9M +$487K +22,886 +2%
BTS
4
BB&T Securities
Virginia
$20.8M +$1.88M +88,250 +851%
LPL Financial
5
LPL Financial
California
$18.3M +$1.22M +57,201 +7%
Bank of America
6
Bank of America
North Carolina
$14.6M +$88K +4,134 +0.6%
ACM
7
Aviance Capital Management
Florida
$6.92M +$1.34M +63,042 +24%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$6.33M -$201K -9,461 -3%
P
9
Palladiem
Pennsylvania
$5.07M +$74.9K +3,520 +1%
AIG
10
American International Group
New York
$4.87M -$117K -5,509 -2%
SI
11
Stephens Inc
Arkansas
$4.53M +$4.57M +214,896 New
TNBTD
12
Trustmark National Bank Trust Department
Mississippi
$4.22M +$440K +20,683 +12%
RJA
13
Raymond James & Associates
Florida
$4.04M +$333K +15,665 +9%
SFWA
14
Summit Financial Wealth Advisors
Louisiana
$3.99M +$1.91M +89,575 +89%
ACM
15
Argentus Capital Management
Texas
$3.82M +$630K +29,607 +20%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$3.55M -$85.6K -4,021 -2%
WP
17
WealthPLAN Partners
Nebraska
$3.39M +$3.42M +160,885 New
Ameriprise
18
Ameriprise
Minnesota
$3.36M +$665K +31,246 +24%
SCA
19
Strategic Capital Alternatives
United States
$2.96M +$1.06M +49,592 +54%
Stifel Financial
20
Stifel Financial
Missouri
$2.71M -$814K -38,263 -23%
SFG
21
SNS Financial Group
Minnesota
$2.69M +$353K +16,611 +15%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$2.68M +$793K +37,286 +41%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$2.4M +$2.43M +114,059 New
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$2.24M +$340K +15,962 +18%
PHIMC
25
Private Harbour Investment Management & Counsel
Ohio
$1.83M +$22.9K +1,075 +1%

MDIV Hedge Fund Activity: Q1 2015 in Review

75 of the 3,752 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 $278M — up 24% from $224M 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 $278M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2015, up 24% 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.