First Trust Direct Indexing is based out of Boston. First Trust Direct Indexing is a large advisory firm with 458 clients and discretionary assets under management (AUM) of $1,420,844,638 (Form ADV from 2024-01-28). Their last reported 13F filing for Q4 2023 included $1,117,245,661 in managed 13F securities
and a top 10 holdings concentration of 24.63%. First Trust Direct Indexing's largest holding is Apple Inc with shares held of 329,275. Whalewisdom has at least 13 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
MSFT Microsoft Corp. | 0.38% |
AVGO Broadcom Ltd. (Avago | 0.23% |
AXP American Express Co | 0.15% |
UNH UnitedHealth Group I | 0.12% |
DIS Walt Disney Co. (The | 0.11% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
PKX POSCO, Inc. ADR | 0.14% |
LPL LG Display Co. Ltd A | 0.09% |
ATVI Activision Blizzard | 0.09% |
SGEN Seagen Inc | 0.08% |
HZNP Horizon Therapeutics | 0.08% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
AAPL Apple Inc | 5.67% |
MSFT Microsoft Corp. | 5.47% |
GOOGL Alphabet Inc. Class | 2.58% |
AMZN Amazon.com Inc. | 2.41% |
NVDA NVIDIA Corp. | 2.32% |
2023-12-31
13F Activity
Market Value | $1.12b, Prior: $0.87b |
New Purchases | 88 stocks |
Added To | 505 stocks |
Sold out of | 31 stocks |
Reduced holdings in | 157 stocks |
Top 10 Holdings % | 24.63% |
Turnover %[1] | 15.78% |
Turnover Alt %[2] | 1.66% |
Time Held Top 20 | 8.45 quarters |
Time Held Top 10 | 6.8 quarters |
Time Held All | 8.6 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31