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

87 hedge funds and large institutions have $214M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 11

12% more funds holding

Funds holding: 7887 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.95% less ownership

Funds ownership: 26.41%25.46% (-0.95%)

5% less capital invested

Capital invested by funds: $225M → $214M (-$10.9M)

36% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 36

Holders
87
Holders Change
+9
Holders Change %
+11.54%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
23
Reduced
36
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$35.3M -$5.59M -294,311 -14%
TNBTD
2
Trustmark National Bank Trust Department
Mississippi
$24.6M -$163K -8,562 -0.7%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$18.2M -$270K -14,221 -1%
Bank of America
4
Bank of America
North Carolina
$17.2M -$521K -27,391 -3%
Wells Fargo
5
Wells Fargo
California
$17.2M -$387K -20,367 -2%
LPL Financial
6
LPL Financial
California
$16.1M +$823K +43,299 +5%
UBS Group
7
UBS Group
Switzerland
$10.9M -$2.79M -147,013 -20%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$7.96M +$2.24M +117,907 +39%
Ameriprise
9
Ameriprise
Minnesota
$7.63M +$970K +51,034 +15%
SWP
10
Stratos Wealth Partners
Ohio
$5.23M -$3.85M -202,441 -42%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$4.58M +$288K +15,154 +7%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$3.99M +$186K +9,773 +5%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$3.77M +$96.3K +5,069 +3%
CCA
14
Clearwater Capital Advisors
Illinois
$3.37M +$316K +16,642 +10%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$2.92M +$1.2K +63 +0%
RJA
16
Raymond James & Associates
Florida
$2.39M +$60.9K +3,207 +3%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$2.28M -$100K -5,285 -4%
CAN
18
Cetera Advisor Networks
California
$2.07M +$6.73K +354 +0.3%
GWM
19
Geneos Wealth Management
Colorado
$1.51M -$322K -16,923 -18%
AW
20
ACG Wealth
Georgia
$1.48M +$1.48M +77,872 New
PWA
21
Peterson Wealth Advisors
Utah
$1.25M +$1.24M +65,487 New
CA
22
Cetera Advisors
Colorado
$1.23M +$290K +15,238 +31%
Jane Street
23
Jane Street
New York
$1.07M -$256K -13,455 -19%
HFS
24
HL Financial Services
Kentucky
$1.05M -$7.6K -400 -0.7%
TWM
25
Titus Wealth Management
California
$1.03M +$1.03M +54,235 New

MDIV Hedge Fund Activity: Q4 2017 in Review

87 of the 4,410 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 2017, worth a combined $214M — down 4.9% from $225M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MDIV positions and 11 closed out — a net gain of 9 holders — while 23 added to existing stakes and 36 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $2.24M. The largest seller was Morgan Stanley, cutting an estimated $5.59M.

  • 87 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2017, up from 78 in Q3 2017.
  • Funds reported $214M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2017, down 4.9% quarter-over-quarter.
  • 20 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2017 and 11 closed out, a net change of +9 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.24M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2017 was Morgan Stanley, an estimated $5.59M sold.

Based on aggregated 13F filings for Q4 2017.