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

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.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

1% more funds holding

Funds holding: 8081 (+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: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1K

Holders
81
Holders Change
+1
Holders Change %
+1.25%
% of All Funds
2.12%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
12
Increased
25
Reduced
39
Closed
9
Calls
Puts
$1K
Net Calls
-$1K
Net Calls Change
+$4K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$33.9M -$3.17M -169,820 -8%
LPL Financial
2
LPL Financial
California
$33.2M +$16.3M +870,782 +93%
TNBTD
3
Trustmark National Bank Trust Department
Mississippi
$16.1M +$1.19M +63,802 +8%
Wells Fargo
4
Wells Fargo
California
$15.8M -$8.38M -448,560 -34%
Bank of America
5
Bank of America
North Carolina
$15.7M +$2.64M +141,224 +20%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$13M +$235K +12,576 +2%
UBS Group
7
UBS Group
Switzerland
$12.4M -$7.12M -381,091 -36%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$4.21M +$5.14K +275 +0.1%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$4.05M -$2.47M -132,321 -37%
SFWA
10
Summit Financial Wealth Advisors
Louisiana
$3.62M -$171K -9,140 -4%
Ameriprise
11
Ameriprise
Minnesota
$3.3M +$169K +9,046 +5%
AIG
12
American International Group
New York
$3.28M -$235K -12,591 -7%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$3.1M +$214K +11,467 +7%
RJA
14
Raymond James & Associates
Florida
$2.5M -$1.08M -57,838 -30%
SS
15
Simplicity Solutions
Minnesota
$2.42M +$2.47M +132,115 New
IA
16
IFP Advisors
Florida
$2.29M +$2.34M +125,009 New
Jane Street
17
Jane Street
New York
$2.07M -$90.7K -4,856 -4%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$1.99M -$331K -17,705 -14%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.94M +$87.2K +4,666 +5%
HFS
20
HL Financial Services
Kentucky
$1.92M -$131K -7,015 -6%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$1.68M +$872K +46,680 +104%
MFS
22
MSI Financial Services
Massachusetts
$1.63M +$1.04M +55,455 +165%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$1.59M -$276K -14,766 -15%
IH
24
IFC Holdings
Florida
$1.43M -$552K -29,562 -28%
PHIMC
25
Private Harbour Investment Management & Counsel
Ohio
$1.24M -$311K -16,650 -20%

MDIV Hedge Fund Activity: Q4 2015 in Review

81 of the 3,812 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.