First Trust NASDAQ Technology Dividend Index Fund
TDIV
68 hedge funds and large institutions have $333M invested in First Trust NASDAQ Technology Dividend Index Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 14 reducing their positions, and 10 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 14
6% less funds holding
Funds holding: 72 → 68 (-4)
15% less capital invested
Capital invested by funds: $393M → $333M (-$60.2M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.12M |
| 2 |
Morgan Stanley
New York
|
+$3.09M |
| 3 |
JP Morgan Chase
New York
|
+$2.89M |
| 4 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
+$1.61M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$46.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.79M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.64M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.51M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$2.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -75 | Closed |
|
|
BRWA
77
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2 | -73 | Closed |
|
TDIV Hedge Fund Activity: Q1 2015 in Review
68 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2015, worth a combined $333M — down 15% from $393M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TDIV and 8 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 36 added.
The largest buyer was Bank of America, adding an estimated $9.12M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $46.6M sold.
- 68 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2015, down from 72 in Q4 2014.
- Funds reported $333M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2015, down 15% quarter-over-quarter.
- 8 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2015 and 10 closed out, a net change of -2 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2015 was Bank of America, an estimated $9.12M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2015 was RiverFront Investment Group, an estimated $46.6M sold.
Based on aggregated 13F filings for Q1 2015.