First Trust Value Line Dividend Fund
256 hedge funds and large institutions have $2.7B invested in First Trust Value Line Dividend Fund in 2019 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 120 increasing their positions, 63 reducing their positions, and 16 closing their positions.
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
90% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 63
29% more capital invested
Capital invested by funds: $2.09B → $2.7B (+$611M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
8% more funds holding
Funds holding: 237 → 256 (+19)
1.4% more ownership
Funds ownership: 47.97% → 49.37% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$45.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$43.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27M |
| 4 |
Morgan Stanley
New York
|
+$26.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$7.49M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$6.59M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.36M |
| 4 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$5.05M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$4.18M |
FVD Hedge Fund Activity: Q1 2019 in Review
256 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2019, worth a combined $2.7B — up 29% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FVD positions and 16 closed out — a net gain of 22 holders — while 120 added to existing stakes and 63 trimmed.
The largest buyer was Bank of America, adding an estimated $45.7M. The largest seller was MML Investors Services, cutting an estimated $7.49M.
- 256 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2019, up from 237 in Q4 2018.
- Funds reported $2.7B of First Trust Value Line Dividend Fund stock for Q1 2019, up 29% quarter-over-quarter.
- 38 funds opened new First Trust Value Line Dividend Fund positions in Q1 2019 and 16 closed out, a net change of +22 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2019 was Bank of America, an estimated $45.7M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2019 was MML Investors Services, an estimated $7.49M sold.
Based on aggregated 13F filings for Q1 2019.