First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
81 hedge funds and large institutions have $205M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 39 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
1% more funds holding
Funds holding: 80 → 81 (+1)
3% less capital invested
Capital invested by funds: $211M → $205M (-$5.92M)
36% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 39
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.64M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.47M |
| 4 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$1.19M |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.38M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.12M |
| 3 |
Morgan Stanley
New York
|
-$3.17M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.47M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.96M |
MDIV Hedge Fund Activity: Q4 2015 in Review
81 of the 3,824 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 2015, worth a combined $205M — down 2.8% from $211M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MDIV positions and 9 closed out — a net gain of 3 holders — while 25 added to existing stakes and 39 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.3M. The largest seller was Wells Fargo, cutting an estimated $8.38M.
- 81 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2015, up from 80 in Q3 2015.
- Funds reported $205M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2015, down 2.8% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2015 and 9 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2015 was LPL Financial, an estimated $16.3M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2015 was Wells Fargo, an estimated $8.38M sold.
Based on aggregated 13F filings for Q4 2015.