First Trust NASDAQ Technology Dividend Index Fund
TDIV
153 hedge funds and large institutions have $501M invested in First Trust NASDAQ Technology Dividend Index Fund in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
28% more capital invested
Capital invested by funds: $391M → $501M (+$110M)
19% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 47
8% more funds holding
Funds holding: 142 → 153 (+11)
0.74% more ownership
Funds ownership: 41.32% → 42.06% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$10.3M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.41M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$3.76M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.99M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.08M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$824K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$781K |
TDIV Hedge Fund Activity: Q2 2020 in Review
153 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q2 2020, worth a combined $501M — up 28% from $391M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TDIV positions and 8 closed out — a net gain of 11 holders — while 56 added to existing stakes and 47 trimmed.
The largest buyer was Flaharty Asset Management, opening a new position worth an estimated $10.3M. The largest seller was Brinker Capital Investments, cutting an estimated $2.52M.
- 153 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q2 2020, up from 142 in Q1 2020.
- Funds reported $501M of First Trust NASDAQ Technology Dividend Index Fund stock for Q2 2020, up 28% quarter-over-quarter.
- 19 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q2 2020 and 8 closed out, a net change of +11 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q2 2020 was Flaharty Asset Management, an estimated $10.3M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q2 2020 was Brinker Capital Investments, an estimated $2.52M sold.
Based on aggregated 13F filings for Q2 2020.