First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
84 hedge funds and large institutions have $224M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 45 increasing their positions, 16 reducing their positions, and 9 closing their positions.
181% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 16
19% more capital invested
Capital invested by funds: $188M → $224M (+$36.4M)
3.62% more ownership
Funds ownership: 29.44% → 33.06% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 89 → 84 (-5)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.68M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.24M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.04M |
| 4 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$4.44M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.97M |
| 2 |
Jane Street
New York
|
-$1.65M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$442K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$428K |
| 5 |
TFS
Thoroughbred Financial Services
Brentwood,
Tennessee
|
-$230K |
MDIV Hedge Fund Activity: Q2 2019 in Review
84 of the 4,625 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 Q2 2019, worth a combined $224M — up 19% from $188M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MDIV and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 45 added.
The largest buyer was Raymond James & Associates, adding an estimated $9.68M. The largest seller was UBS Group, cutting an estimated $5.97M.
- 84 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2019, down from 89 in Q1 2019.
- Funds reported $224M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2019, up 19% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 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 Q2 2019 was Raymond James & Associates, an estimated $9.68M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2019 was UBS Group, an estimated $5.97M sold.
Based on aggregated 13F filings for Q2 2019.