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First Trust Value Line Dividend Fund

62 hedge funds and large institutions have $239M invested in First Trust Value Line Dividend Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

183% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 12

9% more capital invested

Capital invested by funds: $219M → $239M (+$19.7M)

9% more funds holding

Funds holding: 5762 (+5)

0.42% more ownership

Funds ownership: 29.03%29.45% (+0.42%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
62
Holders Change
+5
Holders Change %
+8.77%
% of All Funds
1.8%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
9
Increased
34
Reduced
12
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$44.7M -$1.34M -64,457 -3%
LPL Financial
2
LPL Financial
California
$28.7M +$1.34M +64,445 +5%
U
3
UBS
Switzerland
$26.8M +$2.43M +116,315 +10%
Wells Fargo
4
Wells Fargo
California
$24.8M +$1.04M +49,782 +4%
Bank of America
5
Bank of America
North Carolina
$12.8M +$818K +39,217 +7%
RCAG
6
Rehmann Capital Advisory Group
Michigan
$11.5M +$527K +25,263 +5%
RJA
7
Raymond James & Associates
Florida
$11.2M +$1.59M +76,084 +17%
Ameriprise
8
Ameriprise
Minnesota
$9.94M -$1.55M -74,209 -14%
NEPWA
9
New England Private Wealth Advisors
Massachusetts
$9.44M +$820K +39,304 +10%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$7.22M +$1.57M +75,214 +29%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$5.33M -$70.8K -3,395 -1%
BTS
12
BB&T Securities
Virginia
$5.05M +$28.8K +1,379 +6%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$3.39M +$26K +1,248 +0.8%
HFS
14
HL Financial Services
Kentucky
$2.86M +$79.6K +3,818 +3%
CBB
15
Citizens Business Bank
California
$2.41M +$41.1K +1,971 +2%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.28M +$156K +7,470 +8%
JP Morgan Chase
17
JP Morgan Chase
New York
$2.27M -$109K -5,235 -5%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$1.97M +$143K +6,851 +8%
OC
19
Oppenheimer & Co
New York
$1.87M +$9.2K +441 +0.5%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$1.86M -$4.9M -234,955 -73%
Citigroup
21
Citigroup
New York
$1.53M +$48.3K +2,314 +3%
Goldman Sachs
22
Goldman Sachs
New York
$1.24M -$15.9K -763 -1%
AIM
23
Aspen Investment Management
Michigan
$1.24M +$71.5K +3,430 +6%
BRWA
24
B. Riley Wealth Advisors
Florida
$1.05M +$155K +7,410 +18%
FHC
25
First Heartland Consultants
Missouri
$1.02M -$30K -1,439 -3%

FVD Hedge Fund Activity: Q4 2013 in Review

62 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2013, worth a combined $239M — up 9% from $219M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FVD positions and 3 closed out — a net gain of 6 holders — while 34 added to existing stakes and 12 trimmed.

The largest buyer was UBS, adding an estimated $2.43M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.9M.

  • 62 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2013, up from 57 in Q3 2013.
  • Funds reported $239M of First Trust Value Line Dividend Fund stock for Q4 2013, up 9% quarter-over-quarter.
  • 9 funds opened new First Trust Value Line Dividend Fund positions in Q4 2013 and 3 closed out, a net change of +6 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q4 2013 was UBS, an estimated $2.43M added.
  • The largest First Trust Value Line Dividend Fund seller in Q4 2013 was Raymond James Financial Services Advisors, an estimated $4.9M sold.

Based on aggregated 13F filings for Q4 2013.