First Trust NASDAQ Technology Dividend Index Fund
TDIV
142 hedge funds and large institutions have $391M invested in First Trust NASDAQ Technology Dividend Index Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 23 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 50
0.82% less ownership
Funds ownership: 42.14% → 41.32% (-0.82%)
6% less funds holding
Funds holding: 151 → 142 (-9)
18% less capital invested
Capital invested by funds: $475M → $391M (-$84.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.6M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$10.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.25M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$9.66M |
| 2 |
NA
Nottingham Advisors
Amherst,
New York
|
-$5.52M |
| 3 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$4.2M |
| 4 |
Morgan Stanley
New York
|
-$3.91M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.43M |
TDIV Hedge Fund Activity: Q1 2020 in Review
142 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2020, worth a combined $391M — down 18% from $475M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TDIV and 17 opened new positions — a net loss of 6 holders — while 50 trimmed existing stakes and 56 added.
The largest buyer was Ameriprise, adding an estimated $14.9M. The largest seller was Truist Financial, cutting an estimated $9.66M.
- 142 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2020, down from 151 in Q4 2019.
- Funds reported $391M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2020, down 18% quarter-over-quarter.
- 17 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2020 and 23 closed out, a net change of -6 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2020 was Ameriprise, an estimated $14.9M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2020 was Truist Financial, an estimated $9.66M sold.
Based on aggregated 13F filings for Q1 2020.