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First Trust NASDAQ Technology Dividend Index Fund

246 hedge funds and large institutions have $1.09B invested in First Trust NASDAQ Technology Dividend Index Fund in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 110 increasing their positions, 67 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 67

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

17% more capital invested

Capital invested by funds: $934M → $1.09B (+$159M)

1.2% more ownership

Funds ownership: 54.43%55.62% (+1.2%)

0% more funds holding

Funds holding: 245246 (+1)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

66% less call options, than puts

Call options by funds: $1.65M | Put options by funds: $4.91M

Holders
246
Holders Change
+1
Holders Change %
+0.41%
% of All Funds
3.86%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.11%
New
20
Increased
110
Reduced
67
Closed
16
Calls
$1.65M
Puts
$4.91M
Net Calls
-$3.26M
Net Calls Change
-$5.48M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$128M +$918K +16,844 +0.8%
LPL Financial
2
LPL Financial
California
$107M +$30.6M +560,983 +44%
Bank of America
3
Bank of America
North Carolina
$98.7M +$10.2M +187,948 +13%
Wells Fargo
4
Wells Fargo
California
$76.5M +$1.73M +31,677 +2%
UBS Group
5
UBS Group
Switzerland
$51.4M +$5.77M +105,859 +14%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$49.6M -$1.04M -19,033 -2%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$29.4M -$2.67M -48,922 -9%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$29.1M +$5.11M +93,693 +23%
Osaic Holdings
9
Osaic Holdings
Arizona
$27.1M +$2.35M +43,194 +10%
FAM
10
Flaharty Asset Management
Florida
$26.3M +$77.1K +1,415 +0.3%
Ameriprise
11
Ameriprise
Minnesota
$20M -$2.71M -49,755 -13%
RJA
12
Raymond James & Associates
Florida
$18.2M +$456K +8,360 +3%
Stifel Financial
13
Stifel Financial
Missouri
$17.9M +$2.84M +52,157 +21%
PNC
14
Park National Corp
Ohio
$16.9M +$642K +11,791 +4%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$16.9M +$380K +6,969 +2%
Creative Planning
16
Creative Planning
Kansas
$16.1M -$67.1K -1,232 -0.4%
AT
17
Arden Trust
Delaware
$15.1M +$5.86M +107,640 +72%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$14.2M +$805K +14,769 +7%
DADC
19
D.A. Davidson & Co
Montana
$13.8M +$6.92M +127,012 +117%
AWM
20
AE Wealth Management
Kansas
$13.5M +$966K +17,722 +8%
BCI
21
Brinker Capital Investments
Pennsylvania
$10M +$2.88M +52,766 +45%
OPS
22
Orion Portfolio Solutions
Nebraska
$10M +$2.88M +52,766 +45%
AWM
23
Aprio Wealth Management
Georgia
$9.72M +$362K +6,642 +4%
CCIA
24
Cherry Creek Investment Advisors
Colorado
$9.38M -$60.1K -1,103 -0.7%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$8.39M +$274K +5,034 +4%

TDIV Hedge Fund Activity: Q2 2023 in Review

246 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q2 2023, worth a combined $1.09B — up 17% from $934M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new TDIV positions and 16 closed out — a net gain of 4 holders — while 110 added to existing stakes and 67 trimmed.

The largest buyer was LPL Financial, adding an estimated $30.6M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $20.6M sold.

  • 246 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q2 2023, up from 245 in Q1 2023.
  • Funds reported $1.09B of First Trust NASDAQ Technology Dividend Index Fund stock for Q2 2023, up 17% quarter-over-quarter.
  • 20 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q2 2023 and 16 closed out, a net change of +4 holders.
  • The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q2 2023 was LPL Financial, an estimated $30.6M added.
  • The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q2 2023 was Mach-1 Financial Group, an estimated $20.6M sold.

Based on aggregated 13F filings for Q2 2023.