First Trust Value Line Dividend Fund
67 hedge funds and large institutions have $270M 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.
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: $248M → $270M (+$22.5M)
3% more funds holding
Funds holding: 65 → 67 (+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: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.84M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.57M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.8M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.28M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$582K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$517K |
FVD Hedge Fund Activity: Q2 2014 in Review
67 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2014, worth a combined $270M — up 9.1% from $248M 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 $270M of First Trust Value Line Dividend Fund stock for Q2 2014, up 9.1% 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.