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

91 hedge funds and large institutions have $170M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 27

14% more capital invested

Capital invested by funds: $150M → $170M (+$20.5M)

5.02% more ownership

Funds ownership: 31.14%36.15% (+5%)

2% less funds holding

Funds holding: 9391 (-2)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
91
Holders Change
-2
Holders Change %
-2.15%
% of All Funds
1.53%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
31
Reduced
27
Closed
10
Calls
$32K
Puts
Net Calls
+$32K
Net Calls Change
+$17K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
1
Ameriprise
Minnesota
$40.7M +$34.4M +2,118,639 +376%
FAM
2
Flaharty Asset Management
Florida
$18.6M -$874K -53,878 -4%
LPL Financial
3
LPL Financial
California
$14.1M +$476K +29,334 +3%
Wells Fargo
4
Wells Fargo
California
$14M +$2.99M +184,568 +25%
Morgan Stanley
5
Morgan Stanley
New York
$9.85M +$573K +35,329 +6%
Bank of America
6
Bank of America
North Carolina
$6.21M -$22.1K -1,363 -0.3%
SG
7
StoneX Group
New York
$5.53M +$283K +17,438 +5%
Osaic Holdings
8
Osaic Holdings
Arizona
$5.09M +$526K +32,443 +11%
RJA
9
Raymond James & Associates
Florida
$4.49M +$373K +23,012 +8%
UBS Group
10
UBS Group
Switzerland
$4.06M -$5.08K -313 -0.1%
CIAS
11
Capital Investment Advisory Services
North Carolina
$3.57M +$6.49K +400 +0.2%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$3.23M -$88.2K -5,436 -2%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$3.2M +$142K +8,746 +4%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$2.82M -$5.84K -360 -0.2%
HI
15
Harbour Investments
Wisconsin
$2.7M +$2.89M +178,262 New
AAS
16
Ameritas Advisory Services
Nebraska
$2.4M +$276K +17,013 +12%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$2.34M -$203K -12,489 -7%
HIS
18
Harvest Investment Services
Illinois
$2.02M -$40.6K -2,502 -2%
CCA
19
Cottonwood Capital Advisors
Utah
$1.69M +$151K +9,302 +9%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$1.38M +$465K +28,636 +46%
DAS
21
Dynamic Advisor Solutions
Arizona
$1.32M +$21.1K +1,299 +2%
SPC
22
Sigma Planning Corp
Michigan
$1.29M +$52.6K +3,243 +4%
CAN
23
Cetera Advisor Networks
California
$1.28M +$779K +48,020 +132%
GWM
24
Geneos Wealth Management
Colorado
$1.19M -$49.3K -3,038 -4%
IA
25
IFP Advisors
Florida
$1.18M

MDIV Hedge Fund Activity: Q2 2022 in Review

91 of the 5,936 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 2022, worth a combined $170M — up 14% from $150M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MDIV and 9 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 31 added.

The largest buyer was Ameriprise, adding an estimated $34.4M. The largest seller was Win Advisors, cutting an estimated $2.67M.

  • 91 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2022, down from 93 in Q1 2022.
  • Funds reported $170M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2022, up 14% quarter-over-quarter.
  • 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2022 and 10 closed out, a net change of -1 holder.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2022 was Ameriprise, an estimated $34.4M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2022 was Win Advisors, an estimated $2.67M sold.

Based on aggregated 13F filings for Q2 2022.