First Trust Dorsey Wright Momentum & Value ETF
DVLU
8 hedge funds and large institutions have $12.5M invested in First Trust Dorsey Wright Momentum & Value ETF in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
4% less capital invested
Capital invested by funds: $13.1M → $12.5M (-$563K)
6.22% less ownership
Funds ownership: 93.42% → 87.21% (-6.2%)
20% less funds holding
Funds holding: 10 → 8 (-2)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$10.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$10.1M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.44M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$300K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Commonwealth Equity Services
Waltham,
Massachusetts
| $10.5M | +$10.3M | +694,236 | New |
|
|
2
MML Investors Services
Springfield,
Massachusetts
| $665K | -$10.1M | -680,494 | -94% |
|
|
PAG
3
Private Advisory Group
Redmond,
Washington
| $622K | -$1.44M | -96,803 | -70% |
|
4
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $382K | – | – | – |
|
5
Goldman Sachs
New York
| $332K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $21K | +$5.47K | +369 | +36% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
KWM
8
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$300K | -21,446 | Closed |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$16K | -1,112 | Closed |
|
|
10
Bank of America
Charlotte,
North Carolina
| – | -$7K | -520 | Closed |
|
DVLU Hedge Fund Activity: Q3 2020 in Review
8 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Value ETF (DVLU) for Q3 2020, worth a combined $12.5M — down 4.3% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DVLU and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $10.3M. The largest seller was MML Investors Services, cutting an estimated $10.1M.
- 8 institutional investors held First Trust Dorsey Wright Momentum & Value ETF (DVLU) as of Q3 2020, down from 10 in Q2 2020.
- Funds reported $12.5M of First Trust Dorsey Wright Momentum & Value ETF stock for Q3 2020, down 4.3% quarter-over-quarter.
- 1 fund opened new First Trust Dorsey Wright Momentum & Value ETF positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest First Trust Dorsey Wright Momentum & Value ETF buyer in Q3 2020 was Commonwealth Equity Services, an estimated $10.3M added.
- The largest First Trust Dorsey Wright Momentum & Value ETF seller in Q3 2020 was MML Investors Services, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2020.