First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
76 hedge funds and large institutions have $192M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 39 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $205M → $192M (-$12.6M)
6% less funds holding
Funds holding: 81 → 76 (-5)
36% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 39
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$883K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$665K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$548K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$513K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.48M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.15M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.1M |
| 5 |
Jane Street
New York
|
-$1.76M |
MDIV Hedge Fund Activity: Q1 2016 in Review
76 of the 3,767 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 2016, worth a combined $192M — down 6.2% from $205M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MDIV and 6 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 25 added.
The largest buyer was Bank of America, adding an estimated $883K. The largest seller was Morgan Stanley, cutting an estimated $3.48M.
- 76 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2016, down from 81 in Q4 2015.
- Funds reported $192M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2016, down 6.2% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2016 and 10 closed out, a net change of -4 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2016 was Bank of America, an estimated $883K added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2016 was Morgan Stanley, an estimated $3.48M sold.
Based on aggregated 13F filings for Q1 2016.