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

81 hedge funds and large institutions have $265M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

37% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 27

8% more funds holding

Funds holding: 7581 (+6)

5% less capital invested

Capital invested by funds: $278M → $265M (-$13.2M)

Holders
81
Holders Change
+6
Holders Change %
+8%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
37
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$53.2M +$208K +9,957 +0.4%
Wells Fargo
2
Wells Fargo
California
$40.9M +$1.17M +55,888 +3%
UBS Group
3
UBS Group
Switzerland
$23.5M -$77.2K -3,692 -0.3%
LPL Financial
4
LPL Financial
California
$23.2M +$6M +287,024 +33%
TNBTD
5
Trustmark National Bank Trust Department
Mississippi
$15.4M +$11.9M +571,258 +285%
Bank of America
6
Bank of America
North Carolina
$15.3M +$1.5M +71,707 +10%
P
7
Palladiem
Pennsylvania
$6.56M +$1.83M +87,710 +36%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.1M +$2.87M +137,180 +81%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$4.58M -$1.5M -71,497 -24%
SI
10
Stephens Inc
Arkansas
$4.54M +$267K +12,749 +6%
RJA
11
Raymond James & Associates
Florida
$4.21M +$401K +19,195 +10%
ACM
12
Argentus Capital Management
Texas
$3.98M +$375K +17,924 +10%
AIG
13
American International Group
New York
$3.92M -$730K -34,928 -15%
SFWA
14
Summit Financial Wealth Advisors
Louisiana
$3.91M +$111K +5,290 +3%
Ameriprise
15
Ameriprise
Minnesota
$3.65M +$460K +21,987 +14%
SCA
16
Strategic Capital Alternatives
United States
$2.88M +$23.4K +1,117 +0.8%
SFG
17
SNS Financial Group
Minnesota
$2.87M +$327K +15,625 +12%
Stifel Financial
18
Stifel Financial
Missouri
$2.81M +$258K +12,346 +10%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$2.75M +$493K +23,559 +21%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$2.71M +$178K +8,501 +7%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$2.55M +$455K +21,740 +20%
IH
22
IFC Holdings
Florida
$1.89M +$367K +17,546 +23%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.78M +$63.4K +3,032 +4%
PHIMC
24
Private Harbour Investment Management & Counsel
Ohio
$1.73M -$6.27K -300 -0.3%
Baird Financial Group
25
Baird Financial Group
Wisconsin
$1.64M +$1.71M +81,941 New

MDIV Hedge Fund Activity: Q2 2015 in Review

81 of the 3,711 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 Q2 2015, worth a combined $265M — down 4.7% from $278M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new MDIV positions and 6 closed out — a net gain of 7 holders — while 37 added to existing stakes and 27 trimmed.

The largest buyer was Trustmark National Bank Trust Department, adding an estimated $11.9M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $6.92M sold.

  • 81 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2015, up from 75 in Q1 2015.
  • Funds reported $265M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2015, down 4.7% quarter-over-quarter.
  • 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2015 and 6 closed out, a net change of +7 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2015 was Trustmark National Bank Trust Department, an estimated $11.9M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2015 was Aviance Capital Management, an estimated $6.92M sold.

Based on aggregated 13F filings for Q2 2015.