First Trust Value Line Dividend Fund
FVD
113 hedge funds and large institutions have $897M invested in First Trust Value Line Dividend Fund in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 59 increasing their positions, 17 reducing their positions, and 7 closing their positions.
247% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 17
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more capital invested
Capital invested by funds: $674M → $897M (+$223M)
15% more funds holding
Funds holding: 98 → 113 (+15)
0.24% less ownership
Funds ownership: 44.24% → 44% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$38.5M |
| 2 |
Morgan Stanley
New York
|
+$32.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$31.1M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$19.4M |
| 5 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$21.1M |
| 2 |
AIG
American International Group
New York
|
-$9.16M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.81M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$726K |
FVD Hedge Fund Activity: Q2 2016 in Review
113 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2016, worth a combined $897M — up 33% from $674M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FVD positions and 7 closed out — a net gain of 15 holders — while 59 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $38.5M. The largest seller was LPL Financial, cutting an estimated $21.1M.
- 113 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2016, up from 98 in Q1 2016.
- Funds reported $897M of First Trust Value Line Dividend Fund stock for Q2 2016, up 33% quarter-over-quarter.
- 22 funds opened new First Trust Value Line Dividend Fund positions in Q2 2016 and 7 closed out, a net change of +15 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2016 was UBS Group, an estimated $38.5M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2016 was LPL Financial, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2016.