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First Trust NASDAQ Technology Dividend Index Fund

183 hedge funds and large institutions have $639M invested in First Trust NASDAQ Technology Dividend Index Fund in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 58 increasing their positions, 68 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

11% more capital invested

Capital invested by funds: $579M → $639M (+$60.9M)

1% more funds holding

Funds holding: 181183 (+2)

0.86% more ownership

Funds ownership: 42.44%43.3% (+0.86%)

15% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 68

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
183
Holders Change
+2
Holders Change %
+1.1%
% of All Funds
3.21%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.07%
New
17
Increased
58
Reduced
68
Closed
12
Calls
$610K
Puts
Net Calls
+$610K
Net Calls Change
+$180K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$86M -$5.51M -106,094 -6%
Bank of America
2
Bank of America
North Carolina
$74.6M -$3.5M -67,384 -5%
Wells Fargo
3
Wells Fargo
California
$70.4M +$195K +3,757 +0.3%
UBS Group
4
UBS Group
Switzerland
$43.7M +$6M +115,422 +17%
LPL Financial
5
LPL Financial
California
$32.6M +$2.27M +43,620 +8%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$28.8M -$208K -3,998 -0.7%
RJA
7
Raymond James & Associates
Florida
$19.5M +$1.16M +22,393 +7%
Creative Planning
8
Creative Planning
Kansas
$17.5M -$1.52M -29,198 -8%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$15.9M -$1.75M -33,756 -10%
FAM
10
Flaharty Asset Management
Florida
$15M +$569K +10,946 +4%
PNC
11
Park National Corp
Ohio
$13.2M +$751K +14,449 +6%
Osaic Holdings
12
Osaic Holdings
Arizona
$10.4M +$1.29M +24,793 +15%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$9.88M -$3.07M -59,140 -24%
CCP
14
Cardan Capital Partners
Colorado
$8.71M +$8.38M +161,376 New
SWP
15
Stratos Wealth Partners
Ohio
$8.28M +$142K +2,726 +2%
PWG
16
Private Wealth Group
Florida
$8.05M +$378K +7,281 +5%
UCFA
17
United Capital Financial Advisors
Texas
$7.39M +$473K +9,102 +7%
HighTower Advisors
18
HighTower Advisors
Illinois
$6.51M +$153K +2,941 +2%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$6.32M +$4.49M +86,530 +284%
JP Morgan Chase
20
JP Morgan Chase
New York
$5.71M -$14.1K -272 -0.3%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$5.68M
Ameriprise
22
Ameriprise
Minnesota
$5.45M +$431K +8,300 +9%
Stifel Financial
23
Stifel Financial
Missouri
$4.99M -$260K -4,999 -5%
MAP
24
Milestone Advisory Partners
North Carolina
$4.92M +$636K +12,248 +16%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$4.92M -$1.41M -27,057 -23%

TDIV Hedge Fund Activity: Q1 2021 in Review

183 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2021, worth a combined $639M — up 11% from $579M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TDIV positions and 12 closed out — a net gain of 5 holders — while 58 added to existing stakes and 68 trimmed.

The largest buyer was Cardan Capital Partners, opening a new position worth an estimated $8.38M. The largest seller was Morgan Stanley, cutting an estimated $5.51M.

  • 183 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2021, up from 181 in Q4 2020.
  • Funds reported $639M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2021, up 11% quarter-over-quarter.
  • 17 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2021 and 12 closed out, a net change of +5 holders.
  • The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2021 was Cardan Capital Partners, an estimated $8.38M added.
  • The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2021 was Morgan Stanley, an estimated $5.51M sold.

Based on aggregated 13F filings for Q1 2021.