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First Trust Value Line Dividend Fund

79 hedge funds and large institutions have $383M invested in First Trust Value Line Dividend Fund in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,600% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 1

74% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 19

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

31% more capital invested

Capital invested by funds: $293M → $383M (+$89.8M)

22% more funds holding

Funds holding: 6579 (+14)

3.58% more ownership

Funds ownership: 31.38%34.96% (+3.6%)

Holders
79
Holders Change
+14
Holders Change %
+21.54%
% of All Funds
2.11%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
17
Increased
33
Reduced
19
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
26
Aspen Investment Management
Michigan
$1.8M +$170K +7,260 +11%
Citigroup
27
Citigroup
New York
$1.64M -$140K -5,987 -8%
CAM
28
Concorde Asset Management
Michigan
$1.52M +$1.47M +62,824 New
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$1.44M -$320K -13,667 -19%
B
30
Baird
Wisconsin
$1.3M -$68K -2,899 -5%
VF
31
Virtu Financial
New York
$1.27M +$280K +11,941 +30%
CS
32
Credit Suisse
Switzerland
$1.15M -$41.7K -1,777 -4%
LFG
33
LifePlan Financial Group
Ohio
$1.14M -$3.4K -145 -0.3%
CA
34
Cetera Advisors
Colorado
$1.08M +$305K +13,019 +41%
Jane Street
35
Jane Street
New York
$1.06M +$1.03M +43,729 New
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$1.05M +$1.02M +43,351 New
PNC
37
Park National Corp
Ohio
$995K +$224K +9,550 +30%
EWA
38
Exencial Wealth Advisors
Oklahoma
$950K
KA
39
Kovack Advisors
Florida
$879K +$240K +10,251 +39%
FHC
40
First Heartland Consultants
Missouri
$813K -$52.8K -2,252 -6%
SS
41
Simplicity Solutions
Minnesota
$761K +$739K +31,503 New
GT
42
Greenleaf Trust
Michigan
$725K +$49.2K +2,100 +8%
Deutsche Bank
43
Deutsche Bank
Germany
$711K +$140K +5,984 +25%
AF
44
Affiance Financial
Minnesota
$695K +$675K +28,785 New
MFS
45
MSI Financial Services
Massachusetts
$621K +$61.1K +2,606 +11%
IH
46
IFC Holdings
Florida
$593K +$29.1K +1,242 +5%
FAM
47
Formidable Asset Management
Ohio
$565K -$7.03K -300 -1%
CAN
48
Cetera Advisor Networks
California
$535K +$34.5K +1,470 +7%
NPC
49
National Planning Corporation
California
$534K -$382K -16,302 -42%
VFS
50
VSR Financial Services
Kansas
$462K -$241K -10,260 -35%

FVD Hedge Fund Activity: Q4 2014 in Review

79 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2014, worth a combined $383M — up 31% from $293M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FVD positions and 1 closed out — a net gain of 16 holders — while 33 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $15.8M. The largest seller was Envestnet Asset Management, cutting an estimated $1.16M.

  • 79 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2014, up from 65 in Q3 2014.
  • Funds reported $383M of First Trust Value Line Dividend Fund stock for Q4 2014, up 31% quarter-over-quarter.
  • 17 funds opened new First Trust Value Line Dividend Fund positions in Q4 2014 and 1 closed out, a net change of +16 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q4 2014 was Morgan Stanley, an estimated $15.8M added.
  • The largest First Trust Value Line Dividend Fund seller in Q4 2014 was Envestnet Asset Management, an estimated $1.16M sold.

Based on aggregated 13F filings for Q4 2014.