First Trust NASDAQ Technology Dividend Index Fund
TDIV
101 hedge funds and large institutions have $343M invested in First Trust NASDAQ Technology Dividend Index Fund in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 9 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
29% more funds holding
Funds holding: 78 → 101 (+23)
29% more capital invested
Capital invested by funds: $267M → $343M (+$76.4M)
6.47% more ownership
Funds ownership: 37.25% → 43.72% (+6.5%)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.57M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.95M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.19M |
| 5 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.64M |
| 3 |
Goldman Sachs
New York
|
-$1.64M |
| 4 |
JP Morgan Chase
New York
|
-$1.14M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$947K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.64M | -50,708 | Closed |
|
|
102
Goldman Sachs
New York
| – | -$1.64M | -50,662 | Closed |
|
103
Citadel Advisors
Miami,
Florida
| – | -$420K | -12,960 | Closed |
|
|
MIAN
104
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$379K | -11,711 | Closed |
|
105
SG Americas Securities
New York
| – | -$186K | -5,754 | Closed |
|
|
NFG
106
Next Financial Group
Houston,
Texas
| – | -$56K | -1,685 | Closed |
|
107
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -300 | Closed |
|
|
HT
108
Hefren-Tillotson
Pittsburgh,
Pennsylvania
| – | -$9K | -295 | Closed |
|
|
DBT
109
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$5K | -157 | Closed |
|
TDIV Hedge Fund Activity: Q4 2017 in Review
101 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q4 2017, worth a combined $343M — up 29% from $267M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TDIV positions and 9 closed out — a net gain of 23 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $9.2M. The largest seller was Bank of America, cutting an estimated $5.3M.
- 101 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q4 2017, up from 78 in Q3 2017.
- Funds reported $343M of First Trust NASDAQ Technology Dividend Index Fund stock for Q4 2017, up 29% quarter-over-quarter.
- 32 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q4 2017 and 9 closed out, a net change of +23 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q4 2017 was Envestnet Asset Management, an estimated $9.2M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q4 2017 was Bank of America, an estimated $5.3M sold.
Based on aggregated 13F filings for Q4 2017.