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First Trust NASDAQ Technology Dividend Index Fund

72 hedge funds and large institutions have $393M invested in First Trust NASDAQ Technology Dividend Index Fund in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

39% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 18

14% more funds holding

Funds holding: 6372 (+9)

15% less capital invested

Capital invested by funds: $461M → $393M (-$67.7M)

Holders
72
Holders Change
+9
Holders Change %
+14.29%
% of All Funds
1.92%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
20
Increased
25
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$55.3M +$8.84M +324,794 +19%
Morgan Stanley
2
Morgan Stanley
New York
$51.9M -$422K -15,510 -0.8%
RIG
3
RiverFront Investment Group
Virginia
$46.6M -$75.5M -2,773,076 -62%
HT
4
Hefren-Tillotson
Pennsylvania
$46.6M +$3.12M +114,553 +7%
Bank of America
5
Bank of America
North Carolina
$31.6M +$5.06M +185,994 +19%
UBS Group
6
UBS Group
Switzerland
$29.7M +$29.2M +1,073,202 New
BC
7
Brinker Capital
Pennsylvania
$25.5M -$3.84M -140,979 -13%
BTS
8
BB&T Securities
Virginia
$19M -$2.47M -90,656 -57%
LPL Financial
9
LPL Financial
California
$12.8M +$407K +14,947 +3%
RJA
10
Raymond James & Associates
Florida
$11.9M -$2.24M -82,236 -16%
BCI
11
Brinker Capital Investments
Pennsylvania
$10.5M -$2.08M -76,336 -17%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$5.86M -$438K -16,083 -7%
AIG
13
American International Group
New York
$4.35M +$2.95M +108,377 +222%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$3.79M +$445K +16,346 +14%
UCFA
15
United Capital Financial Advisors
Texas
$3.51M +$714K +26,247 +26%
NA
16
NewEdge Advisors
Louisiana
$3.5M +$3.45M +126,639 New
Stifel Financial
17
Stifel Financial
Missouri
$3.06M +$544K +19,976 +22%
BAAM
18
Baker Avenue Asset Management
California
$2.66M +$366K +13,463 +16%
RIA
19
Regal Investment Advisors
Michigan
$2.55M +$1.61M +59,217 +180%
JP Morgan Chase
20
JP Morgan Chase
New York
$2.2M +$1.4M +51,475 +184%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$2.14M +$612K +22,466 +41%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$1.92M -$13.6K -498 -0.7%
FHC
23
First Heartland Consultants
Missouri
$1.26M -$408K -14,985 -25%
PI
24
Placemark Investments
Illinois
$1.23M -$1.29M -47,312 -52%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$1.19M +$200K +7,350 +20%

TDIV Hedge Fund Activity: Q4 2014 in Review

72 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q4 2014, worth a combined $393M — down 15% from $461M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new TDIV positions and 10 closed out — a net gain of 10 holders — while 25 added to existing stakes and 18 trimmed.

The largest buyer was Wells Fargo, adding an estimated $8.84M. The largest seller was RiverFront Investment Group, cutting an estimated $75.5M.

  • 72 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q4 2014, up from 63 in Q3 2014.
  • Funds reported $393M of First Trust NASDAQ Technology Dividend Index Fund stock for Q4 2014, down 15% quarter-over-quarter.
  • 20 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q4 2014 and 10 closed out, a net change of +10 holders.
  • The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q4 2014 was Wells Fargo, an estimated $8.84M added.
  • The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q4 2014 was RiverFront Investment Group, an estimated $75.5M sold.

Based on aggregated 13F filings for Q4 2014.