First Trust Value Line Dividend Fund
FVD
204 hedge funds and large institutions have $1.96B invested in First Trust Value Line Dividend Fund in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 85 increasing their positions, 67 reducing their positions, and 18 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 67
7% more capital invested
Capital invested by funds: $1.84B → $1.96B (+$125M)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0% less funds holding
Funds holding: 205 → 204 (-1)
1.82% less ownership
Funds ownership: 44.92% → 43.1% (-1.8%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$45.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.95M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$8.2M |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$6.49M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$48.2M |
| 2 |
CS
Comerica Securities
Detroit,
Michigan
|
-$2.97M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.54M |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$2.51M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.48M |
FVD Hedge Fund Activity: Q3 2018 in Review
204 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2018, worth a combined $1.96B — up 6.8% from $1.84B a quarter earlier.
Fund positioning in FVD was balanced in Q3 2018: 18 funds opened new positions, 18 closed out, 85 added to existing stakes and 67 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $45.9M. The largest seller was Cornerstone Wealth Management, cutting an estimated $48.2M.
- 204 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2018, down from 205 in Q2 2018.
- Funds reported $1.96B of First Trust Value Line Dividend Fund stock for Q3 2018, up 6.8% quarter-over-quarter.
- 18 funds opened new First Trust Value Line Dividend Fund positions in Q3 2018 and 18 closed out, a net change of 0 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2018 was Morgan Stanley, an estimated $45.9M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $48.2M sold.
Based on aggregated 13F filings for Q3 2018.