First Trust NASDAQ Technology Dividend Index Fund
TDIV
183 hedge funds and large institutions have $637M 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.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
10% more capital invested
Capital invested by funds: $579M → $637M (+$58.7M)
1% more funds holding
Funds holding: 181 → 183 (+2)
0.41% more ownership
Funds ownership: 42.44% → 42.86% (+0.41%)
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: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$8.38M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$4.61M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.49M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.51M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.5M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$3.23M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.07M |
| 5 |
Goldman Sachs
New York
|
-$2.74M |
TDIV Hedge Fund Activity: Q1 2021 in Review
183 of the 5,711 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 $637M — up 10% 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 $637M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2021, up 10% 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.