First Trust Value Line Dividend Fund
65 hedge funds and large institutions have $252M invested in First Trust Value Line Dividend Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
6% more capital invested
Capital invested by funds: $239M → $252M (+$13.5M)
5% more funds holding
Funds holding: 62 → 65 (+3)
0.45% more ownership
Funds ownership: 29.45% → 29.9% (+0.45%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.12M |
| 2 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$2.34M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.03M |
| 4 |
AIG
American International Group
New York
|
+$971K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$3.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$965K |
| 3 |
Goldman Sachs
New York
|
-$769K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$664K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$132K |
FVD Hedge Fund Activity: Q1 2014 in Review
65 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2014, worth a combined $252M — up 5.7% from $239M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FVD positions and 1 closed out — a net gain of 3 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.12M. The largest seller was UBS, cutting an estimated $3.5M.
- 65 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2014, up from 62 in Q4 2013.
- Funds reported $252M of First Trust Value Line Dividend Fund stock for Q1 2014, up 5.7% quarter-over-quarter.
- 4 funds opened new First Trust Value Line Dividend Fund positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2014 was Morgan Stanley, an estimated $3.12M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2014 was UBS, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2014.