First Trust Value Line Dividend Fund
FVD
259 hedge funds and large institutions have $3.3B invested in First Trust Value Line Dividend Fund in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 135 increasing their positions, 56 reducing their positions, and 22 closing their positions.
141% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 56
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
22% more capital invested
Capital invested by funds: $2.7B → $3.3B (+$601M)
1% more funds holding
Funds holding: 256 → 259 (+3)
0.62% more ownership
Funds ownership: 49.37% → 49.98% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$81.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$51.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$46.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$40.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.05M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$2.46M |
| 3 |
Jane Street
New York
|
-$2.39M |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$2.27M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$2.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
276
Regions Financial Corp
Birmingham,
Alabama
| – | -$29K | -900 | Closed |
|
|
PFPT
277
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$24K | -750 | Closed |
|
|
MSA
278
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$14K | -440 | Closed |
|
|
SIS
279
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$7K | -221 | Closed |
|
|
BAM
280
Bruderman Asset Management
Locust Valley,
New York
| – | -$7K | -205 | Closed |
|
281
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$6.29K | -190 | -89% |
|
FVD Hedge Fund Activity: Q2 2019 in Review
259 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2019, worth a combined $3.3B — up 22% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FVD positions and 22 closed out — a net gain of 9 holders — while 135 added to existing stakes and 56 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $81.1M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.05M sold.
- 259 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2019, up from 256 in Q1 2019.
- Funds reported $3.3B of First Trust Value Line Dividend Fund stock for Q2 2019, up 22% quarter-over-quarter.
- 31 funds opened new First Trust Value Line Dividend Fund positions in Q2 2019 and 22 closed out, a net change of +9 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2019 was Morgan Stanley, an estimated $81.1M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2019 was Susquehanna International Group, an estimated $3.05M sold.
Based on aggregated 13F filings for Q2 2019.