Who Owns First Trust Morningstar Dividend Leaders Index Fund (FDL)?Hedge Fund & Institutional Holders

$50.38+0.39 (+0.78%)Financial ServicesNYSE_ARCA

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

—

QoQ Change in Holders

+12 / -2

Price History

$38.19$41.46$44.72$47.99$51.26Sep 24Jun 25Mar 26

FDL — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
BANK OF AMERICA CORP /DE/Increased+152K+$112.9B
AMERIPRISE FINANCIAL INCIncreased+2.0M+$90.6B
Csenge Advisory GroupNew Position+1.9M+$83.7B
Rockport Wealth LLCNew Position+1.6M+$71.5B
JONES FINANCIAL COMPANIES LLLPNew Position+1.1M+$48.0B
COMMONWEALTH EQUITY SERVICES, LLCNew Position+885K+$39.0B
RAYMOND JAMES FINANCIAL INCIncreased+686K+$33.2B
STEPHENS INC /AR/New Position+549K+$24.3B
D.A. DAVIDSON & CO.New Position+399K+$17.7B
Goldstone Financial Group, LLCNew Position+303K+$13.5B
Next Level Private LLCNew Position+252K+$11.2B
Mach-1 Financial Group, LLCNew Position+189K+$8.4B
Randall & Associates Wealth ManagementNew Position+183K+$8.1B
BlueChip Wealth Advisors LLCNew Position+175K+$7.7B
J.W. COLE ADVISORS, INC.New Position+160K+$7.1B

FDL — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
Arax Advisory PartnersDecreased-3.0M-$127.6B
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CODecreased-1.8M-$78.4B
HighTower Advisors, LLCDecreased-18K-$19.6B
HARBOUR INVESTMENTS, INC.Decreased-13K-$15.5B
GOLDMAN SACHS GROUP INCDecreased-313K-$13.7B
Creative PlanningDecreased-72K-$10.0B
NewEdge Advisors, LLCDecreased-27K-$6.5B
EWG Elevate Inc.Closed Position-149K-$6.5B
TUDOR INVESTMENT CORP ET ALClosed Position-135K-$5.9B
MML INVESTORS SERVICES, LLCDecreased-1K-$5.7B
OSAIC HOLDINGS, INC.Decreased-53K-$4.7B
Wisconsin Wealth Advisors, LLCDecreased-4K-$4.2B
Qube Research & Technologies LtdDecreased-35K-$3.6B
STIFEL FINANCIAL CORPDecreased-75K-$3.1B
VestGen Advisors, LLCDecreased-59K-$3.0B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1AMERIPRISE FINANCIAL INC5,958,720$264.0B59.66%Share
2RAYMOND JAMES FINANCIAL INC3,580,297$158.0B49.16%Share
3ROYAL BANK OF CANADA2,375,419$105.0B17.08%Share
4UBS Group AG2,269,344$100.6B16.32%Share
5WELLS FARGO & COMPANY/MN1,924,202$85.0B15.48%Share
6Csenge Advisory Group1,887,601$83.7B3.79%Share
7STIFEL FINANCIAL CORP1,724,614$76.0B68.36%Share
8Rockport Wealth LLC1,611,576$71.5B13.90%Share
9RAYMOND JAMES FINANCIAL INC1,517,406$67.0B20.85%Share
10BANK OF AMERICA CORP /DE/1,500,433$66.0B4.80%Share
11OSAIC HOLDINGS, INC.1,388,437$61.0B89.13%Share
12WELLS FARGO & COMPANY/MN1,305,695$57.0B10.38%Share
13Private Advisor Group, LLC1,185,475$52.0B244.64%Share
14JONES FINANCIAL COMPANIES LLLP1,090,483$48.0B29.26%Share
15BANK OF AMERICA CORP /DE/1,075,880$47.0B3.42%Share
16COMMONWEALTH EQUITY SERVICES, LLC885,065$39.0B51.99%Share
17STEPHENS INC /AR/548,765$24.3B302.71%Share
18Southland Equity Partners LLC506,711$22.5B4.43%Share
19Baird Financial Group, Inc.433,532$19.0B29.62%Share
20D.A. DAVIDSON & CO.398,762$17.7B108.30%Share
21MANCHESTER FINANCIAL INC352,833$15.6B2.93%Share
22Hobart Private Capital, LLC306,699$13.6B2.65%Share
23Goldstone Financial Group, LLC303,454$13.5B1.50%Share
24HC Advisors, LLC301,109$13.4B9.24%Share
25Rockefeller Capital Management L.P.280,407$12.0B21.60%Share
26Del-Sette Capital Management, LLC268,285$11.9B7.34%Share
27Next Level Private LLC251,993$11.2B2.93%Share
28GOLDMAN SACHS GROUP INC256,969$11.0B1.36%Share
29JPMORGAN CHASE & CO237,725$10.0B0.63%Share
30Equitable Holdings, Inc.232,114$10.0B68.37%Share
31Rehmann Capital Advisory Group216,175$9.6B0.50%Share
32Mach-1 Financial Group, LLC188,641$8.4B1.72%Share
33Randall & Associates Wealth Management183,333$8.1B5.63%Share
34FIRST TRUST ADVISORS LP199,387$8.0B5.81%Share
35Key Client Fiduciary Advisors, LLC179,491$8.0B2.71%Share
36BlueChip Wealth Advisors LLC174,524$7.7B3.25%Share
37JFS WEALTH ADVISORS, LLC164,560$7.3B0.41%Share
38J.W. COLE ADVISORS, INC.160,270$7.1B0.17%Share
39Steward Partners Investment Advisory, LLC174,985$7.0B38.39%Share
40Triumph Capital Management156,056$6.9B1.49%Share
41Farther Finance Advisors, LLC140,010$6.2B66.51%Share
42ROYAL BANK OF CANADA155,235$6.0B0.98%Share
43COZAD ASSET MANAGEMENT INC155,698$6.0B0.47%Share
44Prosperity Consulting Group, LLC133,824$5.9B0.27%Share
45INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC130,023$5.8B0.39%Share
46HFG Advisors, Inc.120,126$5.3B3.86%Share
47FSM Wealth Advisors, LLC117,507$5.2B0.71%Share
48GENESIS PRIVATE WEALTH, LLC117,133$5.2B1.61%Share
49VestGen Advisors, LLC125,241$5.0B0.21%Share
50Sigma Planning Corp109,653$4.9B0.13%Share

FDL Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025450$1.9T+201
Q3 2025249$2.3T-158
Q2 2025407$2.4T-15
Q1 2025422$2.8T+103
Q4 2024319$27.1T+86
Q3 2024233$451.0T+10
Q2 2024223$88.8T+12
Q1 2024211$881.4T—

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As of Q4 2025, 50 institutional investors hold FDL (First Trust Morningstar Dividend Leaders Index Fund). The largest holder is AMERIPRISE FINANCIAL INC with $264.0B in shares. This quarter, 12 institutions opened new positions and 2 closed their positions.

Frequently Asked Questions

How many hedge funds own FDL?

As of Q4 2025, 50 institutional investors report holding FDL (First Trust Morningstar Dividend Leaders Index Fund) in their 13F filings.

Who is the largest institutional holder of FDL?

The largest institutional holder of FDL is AMERIPRISE FINANCIAL INC with $264.0B in shares.

Is institutional ownership of FDL increasing or decreasing?

This quarter, 12 institutions opened new positions in FDL and 2 closed their positions.