First Trust Value Line Dividend Fund
FVD
128 hedge funds and large institutions have $1.27B invested in First Trust Value Line Dividend Fund in 2016 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 26 reducing their positions, and 14 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 26
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
16% more capital invested
Capital invested by funds: $1.09B → $1.27B (+$177M)
4% more funds holding
Funds holding: 123 → 128 (+5)
0.01% more ownership
Funds ownership: 43.77% → 43.78% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$34.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$17.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$15.3M |
| 4 |
Morgan Stanley
New York
|
+$10M |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$8.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.1M |
| 2 |
Jane Street
New York
|
-$8.26M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.74M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$2.16M |
| 5 |
JFA
Johanson Financial Advisors
Campbell,
California
|
-$1.74M |
FVD Hedge Fund Activity: Q4 2016 in Review
128 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2016, worth a combined $1.27B — up 16% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FVD positions and 14 closed out — a net gain of 7 holders — while 62 added to existing stakes and 26 trimmed.
The largest buyer was Citigroup, adding an estimated $34.7M. The largest seller was UBS Group, cutting an estimated $11.1M.
- 128 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2016, up from 123 in Q3 2016.
- Funds reported $1.27B of First Trust Value Line Dividend Fund stock for Q4 2016, up 16% quarter-over-quarter.
- 21 funds opened new First Trust Value Line Dividend Fund positions in Q4 2016 and 14 closed out, a net change of +7 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2016 was Citigroup, an estimated $34.7M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2016 was UBS Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2016.