First Trust Value Line Dividend Fund
535 hedge funds and large institutions have $6.5B invested in First Trust Value Line Dividend Fund in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 155 increasing their positions, 275 reducing their positions, and 36 closing their positions.
36% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 36
1% more funds holding
Funds holding: 532 → 535 (+3)
14.98% less ownership
Funds ownership: 74.36% → 59.37% (-15%)
17% less funds holding in top 10
Funds holding in top 10: 53 → 44 (-9)
19% less capital invested
Capital invested by funds: $8.03B → $6.5B (-$1.53B)
44% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 275
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$49M |
| 2 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$22.6M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$22.5M |
| 4 |
KAS
KPP Advisory Services
Louisville,
Kentucky
|
+$7.47M |
| 5 |
Goldman Sachs
New York
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.23B |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$85.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$69.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$55M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$43.2M |
FVD Hedge Fund Activity: Q1 2024 in Review
535 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2024, worth a combined $6.5B — down 19% from $8.03B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new FVD positions and 36 closed out — a net gain of 13 holders — while 155 added to existing stakes and 275 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $49M. The largest seller was Morgan Stanley, cutting an estimated $1.23B.
- 535 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2024, up from 532 in Q4 2023.
- Funds reported $6.5B of First Trust Value Line Dividend Fund stock for Q1 2024, down 19% quarter-over-quarter.
- 49 funds opened new First Trust Value Line Dividend Fund positions in Q1 2024 and 36 closed out, a net change of +13 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $49M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2024 was Morgan Stanley, an estimated $1.23B sold.
Based on aggregated 13F filings for Q1 2024.