First Trust Value Line Dividend Fund
FVD
66 hedge funds and large institutions have $288M invested in First Trust Value Line Dividend Fund in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 22 reducing their positions, and 7 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 22
7% more capital invested
Capital invested by funds: $270M → $288M (+$17.9M)
1.08% more ownership
Funds ownership: 30.4% → 31.48% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 67 → 66 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.02M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.25M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$3.16M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.92M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.23M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.66M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.62M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.25M |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$680K |
FVD Hedge Fund Activity: Q3 2014 in Review
66 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2014, worth a combined $288M — up 6.6% from $270M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FVD and 6 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 32 added.
The largest buyer was Morgan Stanley, adding an estimated $7.02M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $2.23M sold.
- 66 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2014, down from 67 in Q2 2014.
- Funds reported $288M of First Trust Value Line Dividend Fund stock for Q3 2014, up 6.6% quarter-over-quarter.
- 6 funds opened new First Trust Value Line Dividend Fund positions in Q3 2014 and 7 closed out, a net change of -1 holder.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2014 was Morgan Stanley, an estimated $7.02M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2014 was JP Morgan Chase, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2014.