First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
78 hedge funds and large institutions have $225M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 38 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.19% less ownership
Funds ownership: 27.6% → 26.41% (-1.2%)
5% less funds holding
Funds holding: 82 → 78 (-4)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
37% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 38
71% less capital inflows, than outflows
Capital inflows: $6.55M | Capital outflows: $22.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.7M |
| 2 |
Jane Street
New York
|
+$1.09M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$807K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$743K |
| 5 |
Two Sigma Securities
New York
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$9.6M |
| 2 |
Morgan Stanley
New York
|
-$2.57M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.48M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.39M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.01M |
MDIV Hedge Fund Activity: Q3 2017 in Review
78 of the 4,023 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 2017, worth a combined $225M — down 7.5% from $243M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MDIV and 6 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 24 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.7M. The largest seller was Stratos Wealth Partners, cutting an estimated $9.6M.
- 78 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2017, down from 82 in Q2 2017.
- Funds reported $225M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2017, down 7.5% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2017 and 8 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2017 was Royal Bank of Canada, an estimated $1.7M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2017 was Stratos Wealth Partners, an estimated $9.6M sold.
Based on aggregated 13F filings for Q3 2017.