First Trust Value Line Dividend Fund
148 hedge funds and large institutions have $1.48B invested in First Trust Value Line Dividend Fund in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 69 increasing their positions, 34 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
103% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 34
17% more capital invested
Capital invested by funds: $1.27B → $1.48B (+$211M)
16% more funds holding
Funds holding: 128 → 148 (+20)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.26% less ownership
Funds ownership: 43.78% → 42.52% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$32.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$27.2M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$24.1M |
| 4 |
Morgan Stanley
New York
|
+$23.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$18.2M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$4.57M |
| 3 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
-$3.23M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.89M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.7M |
FVD Hedge Fund Activity: Q1 2017 in Review
148 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2017, worth a combined $1.48B — up 17% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FVD positions and 6 closed out — a net gain of 21 holders — while 69 added to existing stakes and 34 trimmed.
The largest buyer was Citigroup, adding an estimated $32.1M. The largest seller was Shamrock Asset Management, exiting entirely with an estimated $18.2M sold.
- 148 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2017, up from 128 in Q4 2016.
- Funds reported $1.48B of First Trust Value Line Dividend Fund stock for Q1 2017, up 17% quarter-over-quarter.
- 27 funds opened new First Trust Value Line Dividend Fund positions in Q1 2017 and 6 closed out, a net change of +21 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2017 was Citigroup, an estimated $32.1M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2017 was Shamrock Asset Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2017.