First Trust NASDAQ Technology Dividend Index Fund
TDIV
65 hedge funds and large institutions have $182M invested in First Trust NASDAQ Technology Dividend Index Fund in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 9 closing their positions.
7% more capital invested
Capital invested by funds: $170M → $182M (+$12.6M)
2% less funds holding
Funds holding: 66 → 65 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$21.3M |
| 2 |
Morgan Stanley
New York
|
+$1.17M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.09M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$780K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$8.06M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.63M |
| 4 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$2.55M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.86M |
TDIV Hedge Fund Activity: Q1 2016 in Review
65 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2016, worth a combined $182M — up 7.4% from $170M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDIV and 8 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 19 added.
The largest buyer was Brinker Capital Investments, adding an estimated $21.3M. The largest seller was UBS Group, cutting an estimated $8.06M.
- 65 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2016, down from 66 in Q4 2015.
- Funds reported $182M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2016, up 7.4% quarter-over-quarter.
- 8 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2016 and 9 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2016 was Brinker Capital Investments, an estimated $21.3M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2016 was UBS Group, an estimated $8.06M sold.
Based on aggregated 13F filings for Q1 2016.