First Trust NASDAQ Technology Dividend Index Fund
TDIV
246 hedge funds and large institutions have $1.09B invested in First Trust NASDAQ Technology Dividend Index Fund in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 110 increasing their positions, 67 reducing their positions, and 16 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 67
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
17% more capital invested
Capital invested by funds: $934M → $1.09B (+$159M)
1.2% more ownership
Funds ownership: 54.43% → 55.62% (+1.2%)
0% more funds holding
Funds holding: 245 → 246 (+1)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
66% less call options, than puts
Call options by funds: $1.65M | Put options by funds: $4.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$30.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10.2M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$6.92M |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
+$5.86M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$20.6M |
| 2 |
Goldman Sachs
New York
|
-$3.48M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.71M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.67M |
TDIV Hedge Fund Activity: Q2 2023 in Review
246 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q2 2023, worth a combined $1.09B — up 17% from $934M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TDIV positions and 16 closed out — a net gain of 4 holders — while 110 added to existing stakes and 67 trimmed.
The largest buyer was LPL Financial, adding an estimated $30.6M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $20.6M sold.
- 246 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q2 2023, up from 245 in Q1 2023.
- Funds reported $1.09B of First Trust NASDAQ Technology Dividend Index Fund stock for Q2 2023, up 17% quarter-over-quarter.
- 20 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q2 2023 and 16 closed out, a net change of +4 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q2 2023 was LPL Financial, an estimated $30.6M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q2 2023 was Mach-1 Financial Group, an estimated $20.6M sold.
Based on aggregated 13F filings for Q2 2023.