First Trust Value Line Dividend Fund
407 hedge funds and large institutions have $6.89B invested in First Trust Value Line Dividend Fund in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 174 increasing their positions, 127 reducing their positions, and 30 closing their positions.
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
37% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 127
19% more funds holding in top 10
Funds holding in top 10: 36 → 43 (+7)
11% more capital invested
Capital invested by funds: $6.21B → $6.89B (+$688M)
5% more funds holding
Funds holding: 389 → 407 (+18)
0.99% more ownership
Funds ownership: 61.15% → 62.14% (+0.99%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$53.7M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$37M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$15.4M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.9M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$22.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$18M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$16.2M |
| 4 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$9.57M |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$9.36M |
FVD Hedge Fund Activity: Q1 2021 in Review
407 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2021, worth a combined $6.89B — up 11% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FVD positions and 30 closed out — a net gain of 20 holders — while 174 added to existing stakes and 127 trimmed.
The largest buyer was Total Investment Management, adding an estimated $53.7M. The largest seller was Wells Fargo, cutting an estimated $22.3M.
- 407 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2021, up from 389 in Q4 2020.
- Funds reported $6.89B of First Trust Value Line Dividend Fund stock for Q1 2021, up 11% quarter-over-quarter.
- 50 funds opened new First Trust Value Line Dividend Fund positions in Q1 2021 and 30 closed out, a net change of +20 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2021 was Total Investment Management, an estimated $53.7M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2021 was Wells Fargo, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2021.