First Trust Value Line Dividend Fund
532 hedge funds and large institutions have $8.03B invested in First Trust Value Line Dividend Fund in 2023 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 137 increasing their positions, 264 reducing their positions, and 45 closing their positions.
58% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 45
15% more capital invested
Capital invested by funds: $6.96B → $8.03B (+$1.06B)
9.84% more ownership
Funds ownership: 64.52% → 74.36% (+9.8%)
4% more funds holding
Funds holding: 511 → 532 (+21)
2% more funds holding in top 10
Funds holding in top 10: 52 → 53 (+1)
48% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 264
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$945M |
| 2 |
JP Morgan Chase
New York
|
+$22.4M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$16.5M |
| 4 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
+$11.4M |
| 5 |
CB
Commerce Bank
Kansas City,
Missouri
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$49.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$46.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$37.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$36.6M |
| 5 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$35.7M |
FVD Hedge Fund Activity: Q4 2023 in Review
532 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2023, worth a combined $8.03B — up 15% from $6.96B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FVD positions and 45 closed out — a net gain of 26 holders — while 137 added to existing stakes and 264 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $945M. The largest seller was LPL Financial, cutting an estimated $49.5M.
- 532 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2023, up from 511 in Q3 2023.
- Funds reported $8.03B of First Trust Value Line Dividend Fund stock for Q4 2023, up 15% quarter-over-quarter.
- 71 funds opened new First Trust Value Line Dividend Fund positions in Q4 2023 and 45 closed out, a net change of +26 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2023 was Morgan Stanley, an estimated $945M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2023 was LPL Financial, an estimated $49.5M sold.
Based on aggregated 13F filings for Q4 2023.