First Trust NASDAQ Technology Dividend Index Fund
TDIV
75 hedge funds and large institutions have $250M invested in First Trust NASDAQ Technology Dividend Index Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
6% more funds holding
Funds holding: 71 → 75 (+4)
4% more capital invested
Capital invested by funds: $241M → $250M (+$8.93M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.21% less ownership
Funds ownership: 38.81% → 37.6% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.34M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.17M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$24.7M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$613K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$396K |
| 4 |
MFBTD
MB Financial Bank - Trust Department
Rosemont,
Illinois
|
-$341K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFBTD
76
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$341K | -11,533 | Closed |
|
|
HT
77
Hefren-Tillotson
Pittsburgh,
Pennsylvania
| – | -$84K | -2,847 | Closed |
|
|
SFS
78
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$42K | -1,323 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -425 | Closed |
|
TDIV Hedge Fund Activity: Q1 2017 in Review
75 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2017, worth a combined $250M — up 3.7% from $241M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TDIV positions and 5 closed out — a net gain of 5 holders — while 36 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.71M. The largest seller was Brinker Capital Investments, cutting an estimated $24.7M.
- 75 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2017, up from 71 in Q4 2016.
- Funds reported $250M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2017, up 3.7% quarter-over-quarter.
- 10 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2017 and 5 closed out, a net change of +5 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2017 was Morgan Stanley, an estimated $6.71M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2017 was Brinker Capital Investments, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2017.