First Trust Value Line Dividend Fund
405 hedge funds and large institutions have $7.29B invested in First Trust Value Line Dividend Fund in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 183 increasing their positions, 119 reducing their positions, and 32 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 119
6% more capital invested
Capital invested by funds: $6.89B → $7.29B (+$393M)
0% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 32
0.39% less ownership
Funds ownership: 62.14% → 61.76% (-0.39%)
0% less funds holding
Funds holding: 407 → 405 (-2)
9% less funds holding in top 10
Funds holding in top 10: 43 → 39 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$39.8M |
| 2 |
Morgan Stanley
New York
|
+$18.5M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$15.3M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$15.3M |
| 5 |
KWM
Keebeck Wealth Management
Chicago,
Illinois
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$54M |
| 2 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$41.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$27.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$11.9M |
| 5 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
-$11.6M |
FVD Hedge Fund Activity: Q2 2021 in Review
405 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2021, worth a combined $7.29B — up 5.7% from $6.89B a quarter earlier.
Fund positioning in FVD was balanced in Q2 2021: 32 funds opened new positions, 32 closed out, 183 added to existing stakes and 119 trimmed.
The largest buyer was LPL Financial, adding an estimated $39.8M. The largest seller was AE Wealth Management, cutting an estimated $54M.
- 405 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2021, down from 407 in Q1 2021.
- Funds reported $7.29B of First Trust Value Line Dividend Fund stock for Q2 2021, up 5.7% quarter-over-quarter.
- 32 funds opened new First Trust Value Line Dividend Fund positions in Q2 2021 and 32 closed out, a net change of 0 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2021 was LPL Financial, an estimated $39.8M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2021 was AE Wealth Management, an estimated $54M sold.
Based on aggregated 13F filings for Q2 2021.