First Trust Value Line Dividend Fund
334 hedge funds and large institutions have $5.1B invested in First Trust Value Line Dividend Fund in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 144 increasing their positions, 120 reducing their positions, and 39 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 120
10% more capital invested
Capital invested by funds: $4.64B → $5.1B (+$456M)
0.15% more ownership
Funds ownership: 59.04% → 59.2% (+0.15%)
3% less funds holding
Funds holding: 345 → 334 (-11)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
26% less funds holding in top 10
Funds holding in top 10: 35 → 26 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44.3M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$43.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.2M |
| 4 |
FCB
First Command Bank
Fort Worth,
Texas
|
+$13.4M |
| 5 |
FCFS
First Command Financial Services
Fort Worth,
Texas
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$41.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$29.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$24.9M |
| 4 |
MIC
Means Investment Company
Bangor,
Maine
|
-$16.4M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$15.7M |
FVD Hedge Fund Activity: Q2 2020 in Review
334 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2020, worth a combined $5.1B — up 9.8% from $4.64B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FVD and 30 opened new positions — a net loss of 9 holders — while 120 trimmed existing stakes and 144 added.
The largest buyer was Bank of America, adding an estimated $44.3M. The largest seller was Total Investment Management, exiting entirely with an estimated $41.4M sold.
- 334 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2020, down from 345 in Q1 2020.
- Funds reported $5.1B of First Trust Value Line Dividend Fund stock for Q2 2020, up 9.8% quarter-over-quarter.
- 30 funds opened new First Trust Value Line Dividend Fund positions in Q2 2020 and 39 closed out, a net change of -9 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2020 was Bank of America, an estimated $44.3M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2020 was Total Investment Management, an estimated $41.4M sold.
Based on aggregated 13F filings for Q2 2020.