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

80 hedge funds and large institutions have $211M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less funds holding

Funds holding: 8180 (-1)

20% less capital invested

Capital invested by funds: $265M → $211M (-$54.3M)

22% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 37

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $5K

Holders
80
Holders Change
-1
Holders Change %
-1.23%
% of All Funds
2.23%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
9
Increased
29
Reduced
37
Closed
8
Calls
Puts
$5K
Net Calls
-$5K
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$37.1M -$12.6M -648,421 -24%
Wells Fargo
2
Wells Fargo
California
$24.1M -$14.4M -739,580 -36%
UBS Group
3
UBS Group
Switzerland
$19.4M -$2.34M -120,199 -10%
LPL Financial
4
LPL Financial
California
$17.6M -$4.35M -223,435 -19%
TNBTD
5
Trustmark National Bank Trust Department
Mississippi
$15M +$831K +42,687 +6%
Bank of America
6
Bank of America
North Carolina
$13.1M -$1.02M -52,423 -7%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$12.8M +$13.3M +682,178 +5,425%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.5M +$932K +47,854 +16%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$4.22M +$1.99K +102 +0%
SFWA
10
Summit Financial Wealth Advisors
Louisiana
$3.79M +$204K +10,480 +5%
RJA
11
Raymond James & Associates
Florida
$3.57M -$329K -16,915 -8%
AIG
12
American International Group
New York
$3.52M -$94.8K -4,867 -2%
P
13
Palladiem
Pennsylvania
$3.2M -$3.01M -154,500 -47%
Ameriprise
14
Ameriprise
Minnesota
$3.14M -$207K -10,656 -6%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.9M +$419K +21,529 +16%
Stifel Financial
16
Stifel Financial
Missouri
$2.62M +$23.8K +1,224 +0.9%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$2.54M +$1.38M +71,124 +106%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$2.32M -$35.1K -1,803 -1%
Jane Street
19
Jane Street
New York
$2.17M +$974K +50,026 +74%
HFS
20
HL Financial Services
Kentucky
$2.05M +$920K +47,259 +74%
IH
21
IFC Holdings
Florida
$1.99M +$276K +14,197 +15%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$1.87M -$699K -35,886 -26%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$1.86M +$869K +44,655 +79%
PHIMC
24
Private Harbour Investment Management & Counsel
Ohio
$1.55M -$41.4K -2,125 -2%
PAG
25
Private Advisor Group
New Jersey
$1.22M +$828K +42,547 +179%

MDIV Hedge Fund Activity: Q3 2015 in Review

80 of the 3,582 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 2015, worth a combined $211M — down 20% from $265M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MDIV positions and 8 closed out — a net gain of 1 holder — while 29 added to existing stakes and 37 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.3M. The largest seller was Wells Fargo, cutting an estimated $14.4M.

  • 80 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2015, down from 81 in Q2 2015.
  • Funds reported $211M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2015, down 20% quarter-over-quarter.
  • 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2015 and 8 closed out, a net change of +1 holder.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $13.3M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2015 was Wells Fargo, an estimated $14.4M sold.

Based on aggregated 13F filings for Q3 2015.