First Trust Value Line Dividend Fund
400 hedge funds and large institutions have $7.27B invested in First Trust Value Line Dividend Fund in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 188 increasing their positions, 112 reducing their positions, and 22 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 112
21% more funds holding in top 10
Funds holding in top 10: 39 → 47 (+8)
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
1.58% more ownership
Funds ownership: 61.76% → 63.33% (+1.6%)
0% less capital invested
Capital invested by funds: $7.29B → $7.27B (-$19.2M)
1% less funds holding
Funds holding: 405 → 400 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$120M |
| 2 |
LPL Financial
San Diego,
California
|
+$86M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.2M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$16.2M |
| 5 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$35.7M |
| 2 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$18.7M |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$13.8M |
| 4 |
Morgan Stanley
New York
|
-$11.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.7M |
FVD Hedge Fund Activity: Q3 2021 in Review
400 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2021, worth a combined $7.27B — down 0.26% from $7.29B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FVD positions and 22 closed out — a net gain of 4 holders — while 188 added to existing stakes and 112 trimmed.
The largest buyer was Legacy Capital Wealth Partners, adding an estimated $120M. The largest seller was Bank of America, cutting an estimated $35.7M.
- 400 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2021, down from 405 in Q2 2021.
- Funds reported $7.27B of First Trust Value Line Dividend Fund stock for Q3 2021, down 0.26% quarter-over-quarter.
- 26 funds opened new First Trust Value Line Dividend Fund positions in Q3 2021 and 22 closed out, a net change of +4 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2021 was Legacy Capital Wealth Partners, an estimated $120M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2021 was Bank of America, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2021.