First Trust NASDAQ Technology Dividend Index Fund
TDIV
71 hedge funds and large institutions have $241M invested in First Trust NASDAQ Technology Dividend Index Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
38.81% more ownership
Funds ownership: 0% → 38.81% (+39%)
11% more funds holding
Funds holding: 64 → 71 (+7)
10% more capital invested
Capital invested by funds: $219M → $241M (+$22.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.63M |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$3.28M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.85M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.33M |
| 5 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.55M |
| 2 |
JP Morgan Chase
New York
|
-$1.51M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.46M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.41M |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$924K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
76
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$35K | -1,200 | Closed |
|
|
CWM
77
Concert Wealth Management
San Jose,
California
| – | -$18K | -600 | Closed |
|
78
Mariner
Overland Park,
Kansas
| – | -$10K | -350 | Closed |
|
|
FIB
79
First Interstate Bank
Billings,
Montana
| – | -$4K | -125 | Closed |
|
TDIV Hedge Fund Activity: Q4 2016 in Review
71 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q4 2016, worth a combined $241M — up 10% from $219M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TDIV positions and 9 closed out — a net gain of 7 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.63M. The largest seller was Brinker Capital Investments, cutting an estimated $1.55M.
- 71 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q4 2016, up from 64 in Q3 2016.
- Funds reported $241M of First Trust NASDAQ Technology Dividend Index Fund stock for Q4 2016, up 10% quarter-over-quarter.
- 16 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q4 2016 and 9 closed out, a net change of +7 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q4 2016 was Morgan Stanley, an estimated $9.63M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q4 2016 was Brinker Capital Investments, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2016.