First Trust Value Line Dividend Fund
237 hedge funds and large institutions have $2.09B invested in First Trust Value Line Dividend Fund in 2018 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 93 increasing their positions, 51 reducing their positions, and 19 closing their positions.
189% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 19
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
82% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 51
16% more funds holding
Funds holding: 204 → 237 (+33)
6% more capital invested
Capital invested by funds: $1.96B → $2.09B (+$125M)
4.87% more ownership
Funds ownership: 43.1% → 47.97% (+4.9%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$67.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$41.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$18.8M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$18.2M |
Top Sellers
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$40.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.59M |
| 3 |
Citigroup
New York
|
-$3.97M |
| 4 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$3.26M |
| 5 |
AC
Avestar Capital
New York
|
-$2.91M |
FVD Hedge Fund Activity: Q4 2018 in Review
237 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2018, worth a combined $2.09B — up 6.4% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new FVD positions and 19 closed out — a net gain of 36 holders — while 93 added to existing stakes and 51 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $67.9M. The largest seller was Cornerstone Wealth Management, cutting an estimated $40.4M.
- 237 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2018, up from 204 in Q3 2018.
- Funds reported $2.09B of First Trust Value Line Dividend Fund stock for Q4 2018, up 6.4% quarter-over-quarter.
- 55 funds opened new First Trust Value Line Dividend Fund positions in Q4 2018 and 19 closed out, a net change of +36 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2018 was Morgan Stanley, an estimated $67.9M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $40.4M sold.
Based on aggregated 13F filings for Q4 2018.