First Trust NASDAQ Technology Dividend Index Fund
TDIV
245 hedge funds and large institutions have $934M invested in First Trust NASDAQ Technology Dividend Index Fund in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 87 increasing their positions, 87 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
18% more capital invested
Capital invested by funds: $789M → $934M (+$144M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 234 → 245 (+11)
3.57% more ownership
Funds ownership: 50.86% → 54.43% (+3.6%)
0% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.7M |
| 2 |
AT
Arden Trust
Wilmington,
Delaware
|
+$7.68M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.96M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$5.2M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$10.4M |
| 2 |
Goldman Sachs
New York
|
-$10.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.83M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.38M |
| 5 |
VF
Virtu Financial
New York
|
-$2.92M |
TDIV Hedge Fund Activity: Q1 2023 in Review
245 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q1 2023, worth a combined $934M — up 18% from $789M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TDIV positions and 17 closed out — a net gain of 15 holders — while 87 added to existing stakes and 87 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.7M. The largest seller was UBS Group, cutting an estimated $10.4M.
- 245 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q1 2023, up from 234 in Q4 2022.
- Funds reported $934M of First Trust NASDAQ Technology Dividend Index Fund stock for Q1 2023, up 18% quarter-over-quarter.
- 32 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q1 2023 and 17 closed out, a net change of +15 holders.
- The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q1 2023 was LPL Financial, an estimated $16.7M added.
- The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q1 2023 was UBS Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.