First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
89 hedge funds and large institutions have $236M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
14% more funds holding
Funds holding: 78 → 89 (+11)
10% more capital invested
Capital invested by funds: $215M → $236M (+$20.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.78M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.07M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.51M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.82M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$1.65M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$1.37M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.12M |
| 5 |
Citigroup
New York
|
-$300K |
MDIV Hedge Fund Activity: Q3 2016 in Review
89 of the 3,748 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 2016, worth a combined $236M — up 9.6% from $215M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MDIV positions and 3 closed out — a net gain of 14 holders — while 40 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.78M. The largest seller was SII Investments, cutting an estimated $1.65M.
- 89 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2016, up from 78 in Q2 2016.
- Funds reported $236M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2016, up 9.6% quarter-over-quarter.
- 17 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2016 and 3 closed out, a net change of +14 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2016 was Morgan Stanley, an estimated $9.78M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2016 was SII Investments, an estimated $1.65M sold.
Based on aggregated 13F filings for Q3 2016.