First Trust Value Line Dividend Fund
88 hedge funds and large institutions have $445M invested in First Trust Value Line Dividend Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
21% more capital invested
Capital invested by funds: $368M → $445M (+$77M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
3.95% more ownership
Funds ownership: 33.66% → 37.61% (+3.9%)
1% more funds holding
Funds holding: 87 → 88 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$33.8M |
| 2 |
Morgan Stanley
New York
|
+$14M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.54M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.39M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.12M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.64M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$1.57M |
| 5 |
Jane Street
New York
|
-$1.42M |
FVD Hedge Fund Activity: Q4 2015 in Review
88 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2015, worth a combined $445M — up 21% from $368M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FVD positions and 8 closed out — a net gain of 1 holder — while 36 added to existing stakes and 28 trimmed.
The largest buyer was LPL Financial, adding an estimated $33.8M. The largest seller was Credit Suisse, cutting an estimated $5.39M.
- 88 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2015, up from 87 in Q3 2015.
- Funds reported $445M of First Trust Value Line Dividend Fund stock for Q4 2015, up 21% quarter-over-quarter.
- 9 funds opened new First Trust Value Line Dividend Fund positions in Q4 2015 and 8 closed out, a net change of +1 holder.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2015 was LPL Financial, an estimated $33.8M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2015 was Credit Suisse, an estimated $5.39M sold.
Based on aggregated 13F filings for Q4 2015.