First Trust NASDAQ Technology Dividend Index Fund
TDIV
36 hedge funds and large institutions have $262M invested in First Trust NASDAQ Technology Dividend Index Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
280% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 5
143% more capital invested
Capital invested by funds: $107M → $262M (+$154M)
33% more funds holding
Funds holding: 27 → 36 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$97.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.49M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$3.23M |
| 4 |
JG
Jefferies Group
New York
|
+$2.46M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.59M |
| 2 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$1.04M |
| 3 |
LPL Financial
San Diego,
California
|
-$515K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$118K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$3.04K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $183K | +$46.2K | +1,900 | +35% |
|
27
Creative Planning
Overland Park,
Kansas
| $164K | +$159K | +6,524 | New |
|
28
Citigroup
New York
| $67K | +$48.7K | +2,004 | +297% |
|
29
Bessemer Group
Woodbridge,
New Jersey
| $55K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $51K | +$24.1K | +989 | +95% |
|
|
DADC
31
D.A. Davidson & Co
Great Falls,
Montana
| $49K | +$36.6K | +1,505 | +327% |
|
|
NES
32
New England Securities
New York
| $36K | +$30K | +1,235 | +597% |
|
|
GT
33
Glenmede Trust
Philadelphia,
Pennsylvania
| $30K | – | – | – |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $16K | +$14.7K | +603 | +1,508% |
|
|
MFS
35
MSI Financial Services
Springfield,
Massachusetts
| $5K | -$1.22K | -50 | -19% |
|
|
WEC
36
Winslow Evans & Crocker
Boston,
Massachusetts
| $2.51K | -$3.04K | -125 | -56% |
|
|
37
Goldman Sachs
New York
| – | -$1.59M | -64,454 | Closed |
|
TDIV Hedge Fund Activity: Q1 2014 in Review
36 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2014, worth a combined $262M — up 143% from $107M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TDIV positions and 1 closed out — a net gain of 9 holders — while 19 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $97.2M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.59M sold.
- 36 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2014, up from 27 in Q4 2013.
- Funds reported $262M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2014, up 143% quarter-over-quarter.
- 10 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2014 and 1 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2014 was RiverFront Investment Group, an estimated $97.2M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2014 was Goldman Sachs, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2014.