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First Trust Value Line Dividend Fund

67 hedge funds and large institutions have $276M invested in First Trust Value Line Dividend Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

57% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 21

9% more capital invested

Capital invested by funds: $252M → $276M (+$23.6M)

3% more funds holding

Funds holding: 6567 (+2)

0.5% more ownership

Funds ownership: 29.9%30.4% (+0.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
67
Holders Change
+2
Holders Change %
+3.08%
% of All Funds
1.93%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
4
Increased
33
Reduced
21
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$50.8M -$269K -12,069 -0.5%
LPL Financial
2
LPL Financial
California
$29.7M -$1.27M -56,827 -4%
Wells Fargo
3
Wells Fargo
California
$28.8M +$3.26M +146,407 +13%
U
4
UBS
Switzerland
$23.5M -$1.28M -57,538 -5%
RJA
5
Raymond James & Associates
Florida
$17.1M +$4.84M +216,932 +41%
RCAG
6
Rehmann Capital Advisory Group
Michigan
$16M +$1.07M +47,964 +7%
Bank of America
7
Bank of America
North Carolina
$15.7M +$2.57M +115,416 +20%
Ameriprise
8
Ameriprise
Minnesota
$11.4M -$27.9K -1,250 -0.3%
NEPWA
9
New England Private Wealth Advisors
Massachusetts
$10.9M +$604K +27,113 +6%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$7.74M -$43.3K -1,941 -0.6%
BTS
11
BB&T Securities
Virginia
$6.36M +$101K +4,517 +19%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$5.78M +$36.1K +1,620 +0.6%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$4.6M +$1.8M +80,683 +67%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$3.79M -$35.6K -1,599 -1%
HFS
15
HL Financial Services
Kentucky
$2.98M -$67.8K -3,042 -2%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$2.8M +$283K +12,691 +12%
CBB
17
Citizens Business Bank
California
$2.49M -$40.4K -1,814 -2%
JP Morgan Chase
18
JP Morgan Chase
New York
$2.23M -$103K -4,613 -5%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$2.22M +$45.3K +2,032 +2%
ICOA
20
Investment Centers of America
North Dakota
$2M +$205K +9,180 +12%
OC
21
Oppenheimer & Co
New York
$1.92M -$24.4K -1,096 -1%
Citigroup
22
Citigroup
New York
$1.77M +$52.5K +2,353 +3%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$1.62M -$1.05M -46,975 -40%
AIG
24
American International Group
New York
$1.5M +$4.77K +214 +0.3%
AIM
25
Aspen Investment Management
Michigan
$1.47M +$6.24K +280 +0.4%

FVD Hedge Fund Activity: Q2 2014 in Review

67 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2014, worth a combined $276M — up 9.4% from $252M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new FVD positions and 2 closed out — a net gain of 2 holders — while 33 added to existing stakes and 21 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $4.84M. The largest seller was UBS, cutting an estimated $1.28M.

  • 67 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2014, up from 65 in Q1 2014.
  • Funds reported $276M of First Trust Value Line Dividend Fund stock for Q2 2014, up 9.4% quarter-over-quarter.
  • 4 funds opened new First Trust Value Line Dividend Fund positions in Q2 2014 and 2 closed out, a net change of +2 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q2 2014 was Raymond James & Associates, an estimated $4.84M added.
  • The largest First Trust Value Line Dividend Fund seller in Q2 2014 was UBS, an estimated $1.28M sold.

Based on aggregated 13F filings for Q2 2014.