First Trust Value Line Dividend Fund
287 hedge funds and large institutions have $4.2B invested in First Trust Value Line Dividend Fund in 2019 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 152 increasing their positions, 54 reducing their positions, and 14 closing their positions.
207% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 14
181% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 54
27% more capital invested
Capital invested by funds: $3.3B → $4.2B (+$897M)
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
11% more funds holding
Funds holding: 259 → 287 (+28)
3.81% more ownership
Funds ownership: 49.98% → 53.79% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$140M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$77.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$59.3M |
| 4 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$52.7M |
| 5 |
LPL Financial
San Diego,
California
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.57M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.93M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.35M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.2M |
FVD Hedge Fund Activity: Q3 2019 in Review
287 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2019, worth a combined $4.2B — up 27% from $3.3B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FVD positions and 14 closed out — a net gain of 29 holders — while 152 added to existing stakes and 54 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $140M. The largest seller was BB&T Securities, cutting an estimated $5M.
- 287 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2019, up from 259 in Q2 2019.
- Funds reported $4.2B of First Trust Value Line Dividend Fund stock for Q3 2019, up 27% quarter-over-quarter.
- 43 funds opened new First Trust Value Line Dividend Fund positions in Q3 2019 and 14 closed out, a net change of +29 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2019 was Morgan Stanley, an estimated $140M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2019 was BB&T Securities, an estimated $5M sold.
Based on aggregated 13F filings for Q3 2019.