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First Trust NASDAQ Technology Dividend Index Fund

265 hedge funds and large institutions have $1.37B invested in First Trust NASDAQ Technology Dividend Index Fund in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 90 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 18

27% more capital invested

Capital invested by funds: $1.08B → $1.37B (+$294M)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

11% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 90

5.42% more ownership

Funds ownership: 55.76%61.18% (+5.4%)

5% more funds holding

Funds holding: 252265 (+13)

Holders
265
Holders Change
+13
Holders Change %
+5.16%
% of All Funds
3.86%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
34
Increased
100
Reduced
90
Closed
18
Calls
$1.96M
Puts
Net Calls
+$1.96M
Net Calls Change
+$677K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$256M +$110M +1,850,483 +86%
LPL Financial
2
LPL Financial
California
$120M +$3.51M +59,333 +3%
Bank of America
3
Bank of America
North Carolina
$104M -$2.37M -39,963 -2%
Wells Fargo
4
Wells Fargo
California
$90M +$5.91M +99,811 +8%
UBS Group
5
UBS Group
Switzerland
$69.4M +$14.3M +242,111 +29%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$60.7M -$2.13M -35,959 -4%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$35.1M +$2.25M +37,979 +7%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$34.2M +$673K +11,372 +2%
Osaic Holdings
9
Osaic Holdings
Arizona
$30.4M -$4.39M -74,144 -14%
FAM
10
Flaharty Asset Management
Florida
$29M -$226K -3,815 -0.8%
RJA
11
Raymond James & Associates
Florida
$23.5M +$2.7M +45,593 +14%
Ameriprise
12
Ameriprise
Minnesota
$23.4M +$619K +10,458 +3%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$21.4M +$215K +3,634 +1%
PNC
14
Park National Corp
Ohio
$20.3M +$692K +11,689 +4%
Stifel Financial
15
Stifel Financial
Missouri
$20.2M -$299K -5,054 -2%
Creative Planning
16
Creative Planning
Kansas
$17.1M -$339K -5,730 -2%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$17.1M +$1.16M +19,676 +8%
DADC
18
D.A. Davidson & Co
Montana
$15.1M -$474K -8,004 -3%
AWM
19
Aprio Wealth Management
Georgia
$11.8M +$411K +6,948 +4%
AT
20
Arden Trust
Delaware
$11.5M +$795K +13,430 +8%
CCIA
21
Cherry Creek Investment Advisors
Colorado
$10.4M +$52.3K +883 +0.5%
CAM
22
Concorde Asset Management
Michigan
$9.72M +$6.21M +104,834 +224%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$9.45M +$6.63K +112 +0.1%
NEPWA
24
New England Private Wealth Advisors
Massachusetts
$8.6M +$179K +3,022 +2%
EH
25
Equitable Holdings
New York
$8.53M +$1.17M +19,733 +17%

TDIV Hedge Fund Activity: Q4 2023 in Review

265 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Technology Dividend Index Fund (TDIV) for Q4 2023, worth a combined $1.37B — up 27% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new TDIV positions and 18 closed out — a net gain of 16 holders — while 100 added to existing stakes and 90 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $110M. The largest seller was AE Wealth Management, cutting an estimated $10.9M.

  • 265 institutional investors held First Trust NASDAQ Technology Dividend Index Fund (TDIV) as of Q4 2023, up from 252 in Q3 2023.
  • Funds reported $1.37B of First Trust NASDAQ Technology Dividend Index Fund stock for Q4 2023, up 27% quarter-over-quarter.
  • 34 funds opened new First Trust NASDAQ Technology Dividend Index Fund positions in Q4 2023 and 18 closed out, a net change of +16 holders.
  • The largest First Trust NASDAQ Technology Dividend Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $110M added.
  • The largest First Trust NASDAQ Technology Dividend Index Fund seller in Q4 2023 was AE Wealth Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2023.