First Trust Value Line Dividend Fund
205 hedge funds and large institutions have $1.84B invested in First Trust Value Line Dividend Fund in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 20 closing their positions.
7% more capital invested
Capital invested by funds: $1.72B → $1.84B (+$121M)
2.23% more ownership
Funds ownership: 42.69% → 44.92% (+2.2%)
6% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 71
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less funds holding
Funds holding: 211 → 205 (-6)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$87.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$18.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.4M |
| 4 |
Morgan Stanley
New York
|
+$11.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$10.9M |
| 2 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$5.49M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$4.65M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.57M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$3.53M |
FVD Hedge Fund Activity: Q2 2018 in Review
205 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2018, worth a combined $1.84B — up 7.1% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FVD and 16 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 75 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $87.5M. The largest seller was Aviance Capital Management, cutting an estimated $10.9M.
- 205 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2018, down from 211 in Q1 2018.
- Funds reported $1.84B of First Trust Value Line Dividend Fund stock for Q2 2018, up 7.1% quarter-over-quarter.
- 16 funds opened new First Trust Value Line Dividend Fund positions in Q2 2018 and 20 closed out, a net change of -4 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $87.5M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2018 was Aviance Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2018.