First Trust Value Line Dividend Fund
62 hedge funds and large institutions have $239M invested in First Trust Value Line Dividend Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 12 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
183% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $219M → $239M (+$19.7M)
9% more funds holding
Funds holding: 57 → 62 (+5)
0.42% more ownership
Funds ownership: 29.03% → 29.45% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.43M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.59M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.57M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.34M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.55M |
| 3 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
-$1.43M |
| 4 |
Morgan Stanley
New York
|
-$1.34M |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$672K |
FVD Hedge Fund Activity: Q4 2013 in Review
62 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2013, worth a combined $239M — up 9% from $219M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FVD positions and 3 closed out — a net gain of 6 holders — while 34 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $2.43M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.9M.
- 62 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2013, up from 57 in Q3 2013.
- Funds reported $239M of First Trust Value Line Dividend Fund stock for Q4 2013, up 9% quarter-over-quarter.
- 9 funds opened new First Trust Value Line Dividend Fund positions in Q4 2013 and 3 closed out, a net change of +6 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2013 was UBS, an estimated $2.43M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2013 was Raymond James Financial Services Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q4 2013.