First Trust Value Line Dividend Fund
350 hedge funds and large institutions have $5.57B invested in First Trust Value Line Dividend Fund in 2019 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 175 increasing their positions, 51 reducing their positions, and 18 closing their positions.
378% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 18
243% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 51
91% more funds holding in top 10
Funds holding in top 10: 22 → 42 (+20)
33% more capital invested
Capital invested by funds: $4.2B → $5.57B (+$1.37B)
22% more funds holding
Funds holding: 287 → 350 (+63)
4.41% more ownership
Funds ownership: 53.79% → 58.21% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$146M |
| 2 |
JFA
Johanson Financial Advisors
Campbell,
California
|
+$113M |
| 3 |
LPL Financial
San Diego,
California
|
+$89.8M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$89.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$73.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
-$4.98M |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
-$3.96M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$3.89M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.49M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$2.92M |
FVD Hedge Fund Activity: Q4 2019 in Review
350 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2019, worth a combined $5.57B — up 33% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FVD positions and 18 closed out — a net gain of 68 holders — while 175 added to existing stakes and 51 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $146M. The largest seller was Centaurus Financial, cutting an estimated $4.98M.
- 350 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2019, up from 287 in Q3 2019.
- Funds reported $5.57B of First Trust Value Line Dividend Fund stock for Q4 2019, up 33% quarter-over-quarter.
- 86 funds opened new First Trust Value Line Dividend Fund positions in Q4 2019 and 18 closed out, a net change of +68 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2019 was Morgan Stanley, an estimated $146M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2019 was Centaurus Financial, an estimated $4.98M sold.
Based on aggregated 13F filings for Q4 2019.