First Trust Value Line Dividend Fund
515 hedge funds and large institutions have $7.8B invested in First Trust Value Line Dividend Fund in 2023 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 193 increasing their positions, 185 reducing their positions, and 40 closing their positions.
40% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 40
4% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 185
0% more funds holding
Funds holding: 514 → 515 (+1)
0.78% less ownership
Funds ownership: 64.78% → 63.99% (-0.78%)
2% less capital invested
Capital invested by funds: $7.99B → $7.8B (-$185M)
6% less funds holding in top 10
Funds holding in top 10: 72 → 68 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
+$44.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$24.1M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$13.9M |
| 4 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$9.27M |
| 5 |
RA
RiverTree Advisors
Winter Park,
Florida
|
+$7.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$93.2M |
| 2 |
Morgan Stanley
New York
|
-$53M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$50.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$23.1M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$20.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWP
551
Concord Wealth Partners
Abingdon,
Virginia
| – | -$5.39K | -135 | Closed |
|
|
VF
552
VitalStone Financial
Shavano Park,
Texas
| – | -$1K | -59 | Closed |
|
553
BlackRock
New York
| – | -$2.19K | -55 | Closed |
|
|
MPCL
554
My Personal CFO LLC
Vancouver,
Washington
| – | -$1.92K | -48 | Closed |
|
|
FGAM
555
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.19K | -40 | Closed |
|
|
EE
556
EWG Elevate
Roseville,
California
| – | -$998 | -25 | Closed |
|
557
AssetMark Inc
Concord,
California
| – | -$36 | -1 | Closed |
|
FVD Hedge Fund Activity: Q1 2023 in Review
515 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2023, worth a combined $7.8B — down 2.3% from $7.99B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new FVD positions and 40 closed out — a net gain of 16 holders — while 193 added to existing stakes and 185 trimmed.
The largest buyer was Trilogy Capital, adding an estimated $44.5M. The largest seller was Advance Capital Management, cutting an estimated $93.2M.
- 515 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2023, up from 514 in Q4 2022.
- Funds reported $7.8B of First Trust Value Line Dividend Fund stock for Q1 2023, down 2.3% quarter-over-quarter.
- 56 funds opened new First Trust Value Line Dividend Fund positions in Q1 2023 and 40 closed out, a net change of +16 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2023 was Trilogy Capital, an estimated $44.5M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2023 was Advance Capital Management, an estimated $93.2M sold.
Based on aggregated 13F filings for Q1 2023.