First Trust Value Line Dividend Fund
FVD
57 hedge funds and large institutions have $219M invested in First Trust Value Line Dividend Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 12 reducing their positions, and 5 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
150% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 12
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $190M → $219M (+$29.5M)
8% more funds holding
Funds holding: 53 → 57 (+4)
0.02% more ownership
Funds ownership: 29.01% → 29.03% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$8.37M |
| 2 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$3.11M |
| 3 |
Morgan Stanley
New York
|
+$2.56M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.72M |
| 5 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.16M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.21M |
| 3 |
Citigroup
New York
|
-$1.14M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$564K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
51
D.A. Davidson & Co
Great Falls,
Montana
| $26K | – | – | – |
|
|
PAS
52
Partnervest Advisory Services
Santa Barbara,
California
| $24K | – | – | – |
|
|
TCOV
53
Trust Company of Vermont
Brattleboro,
Vermont
| $15K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $10K | +$10.1K | +500 | New |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | -$8.06K | -400 | -50% |
|
|
SFS
56
Signator Financial Services
Boston,
Massachusetts
| $4K | – | – | – |
|
57
Creative Planning
Overland Park,
Kansas
| $4K | +$4.07K | +202 | New |
|
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.09M | -55,976 | Closed |
|
|
DS
59
DRW Securities
Chicago,
Illinois
| – | -$203K | -10,433 | Closed |
|
|
MFS
60
MSI Financial Services
Springfield,
Massachusetts
| – | -$130K | -6,678 | Closed |
|
|
VCM
61
Vigilant Capital Management
Portland,
Maine
| – | -$27K | -1,412 | Closed |
|
|
GI
62
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -99 | Closed |
|
FVD Hedge Fund Activity: Q3 2013 in Review
57 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2013, worth a combined $219M — up 16% from $190M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FVD positions and 5 closed out — a net gain of 4 holders — while 30 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $8.37M. The largest seller was LPL Financial, cutting an estimated $2.16M.
- 57 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2013, up from 53 in Q2 2013.
- Funds reported $219M of First Trust Value Line Dividend Fund stock for Q3 2013, up 16% quarter-over-quarter.
- 9 funds opened new First Trust Value Line Dividend Fund positions in Q3 2013 and 5 closed out, a net change of +4 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2013 was UBS, an estimated $8.37M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2013 was LPL Financial, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2013.