First Trust Value Line Dividend Fund
345 hedge funds and large institutions have $4.64B invested in First Trust Value Line Dividend Fund in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 170 increasing their positions, 97 reducing their positions, and 45 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 97
0.84% more ownership
Funds ownership: 58.21% → 59.04% (+0.84%)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
1% less funds holding
Funds holding: 350 → 345 (-5)
17% less capital invested
Capital invested by funds: $5.57B → $4.64B (-$927M)
17% less funds holding in top 10
Funds holding in top 10: 42 → 35 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$252M |
| 2 |
LPL Financial
San Diego,
California
|
+$55.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$49.3M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$38.9M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFA
Johanson Financial Advisors
Campbell,
California
|
-$108M |
| 2 |
JP Morgan Chase
New York
|
-$78M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$43.7M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$26.3M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$24.6M |
FVD Hedge Fund Activity: Q1 2020 in Review
345 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2020, worth a combined $4.64B — down 17% from $5.57B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FVD and 44 opened new positions — a net loss of 1 holder — while 97 trimmed existing stakes and 170 added.
The largest buyer was Morgan Stanley, adding an estimated $252M. The largest seller was Johanson Financial Advisors, cutting an estimated $108M.
- 345 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2020, down from 350 in Q4 2019.
- Funds reported $4.64B of First Trust Value Line Dividend Fund stock for Q1 2020, down 17% quarter-over-quarter.
- 44 funds opened new First Trust Value Line Dividend Fund positions in Q1 2020 and 45 closed out, a net change of -1 holder.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2020 was Morgan Stanley, an estimated $252M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2020 was Johanson Financial Advisors, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2020.