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

89 hedge funds and large institutions have $187M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 26 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 26

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

19% more capital invested

Capital invested by funds: $157M → $187M (+$29.9M)

2% more funds holding

Funds holding: 8789 (+2)

2.22% more ownership

Funds ownership: 27.35%29.57% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
89
Holders Change
+2
Holders Change %
+2.3%
% of All Funds
1.93%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
36
Reduced
26
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TNBTD
1
Trustmark National Bank Trust Department
Mississippi
$31.2M +$1.5M +83,049 +5%
Morgan Stanley
2
Morgan Stanley
New York
$19.8M -$786K -43,423 -4%
LPL Financial
3
LPL Financial
California
$16.5M +$530K +29,262 +3%
Wells Fargo
4
Wells Fargo
California
$14.8M -$1.02M -56,593 -7%
UBS Group
5
UBS Group
Switzerland
$12.7M +$4.35M +240,410 +53%
Bank of America
6
Bank of America
North Carolina
$9.02M +$19.9K +1,100 +0.2%
Ameriprise
7
Ameriprise
Minnesota
$8.4M +$852K +47,089 +11%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.59M -$509K -28,107 -7%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$5.81M +$81.5K +4,505 +1%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$5.73M +$169K +9,328 +3%
RJA
11
Raymond James & Associates
Florida
$4.29M +$1.87M +103,269 +79%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$3.23M +$578K +31,957 +22%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$3.2M +$112K +6,190 +4%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$3.04M -$93.4K -5,159 -3%
CWM
15
Cornerstone Wealth Management
Missouri
$3M +$97.4K +5,382 +10%
HR
16
Hardy Reed
Mississippi
$2.69M +$286K +15,827 +12%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$2.58M +$2.15M +118,569 +537%
CAN
18
Cetera Advisor Networks
California
$2.42M +$37.8K +2,089 +2%
HIS
19
Harvest Investment Services
Illinois
$2.2M -$3.93K -217 -0.2%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$1.97M +$776K +42,885 +67%
CCA
21
Clearwater Capital Advisors
Illinois
$1.69M -$505K -27,923 -23%
Jane Street
22
Jane Street
New York
$1.65M +$1.44M +79,379 +780%
GWM
23
Geneos Wealth Management
Colorado
$1.61M -$7.49K -414 -0.5%
DAS
24
Dynamic Advisor Solutions
Arizona
$1.41M +$186K +10,251 +15%
CIAS
25
Capital Investment Advisory Services
North Carolina
$1.33M +$1.17M +64,465 +842%

MDIV Hedge Fund Activity: Q1 2019 in Review

89 of the 4,621 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 2019, worth a combined $187M — up 19% from $157M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new MDIV positions and 9 closed out — a net gain of 2 holders — while 36 added to existing stakes and 26 trimmed.

The largest buyer was UBS Group, adding an estimated $4.35M. The largest seller was Susquehanna International Group, cutting an estimated $2.15M.

  • 89 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2019, up from 87 in Q4 2018.
  • Funds reported $187M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2019, up 19% quarter-over-quarter.
  • 11 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2019 and 9 closed out, a net change of +2 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2019 was UBS Group, an estimated $4.35M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2019 was Susquehanna International Group, an estimated $2.15M sold.

Based on aggregated 13F filings for Q1 2019.