First Trust Value Line Dividend Fund
FVD
80 hedge funds and large institutions have $379M invested in First Trust Value Line Dividend Fund in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 1 closing their positions.
1,600% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 1
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more capital invested
Capital invested by funds: $288M → $379M (+$91M)
21% more funds holding
Funds holding: 66 → 80 (+14)
3.57% more ownership
Funds ownership: 31.48% → 35.05% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.8M |
| 2 |
AIG
American International Group
New York
|
+$4.88M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.86M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.39M |
| 5 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.16M |
| 2 |
NES
New England Securities
New York
|
-$425K |
| 3 |
LPL Financial
San Diego,
California
|
-$385K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$382K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$348K |
FVD Hedge Fund Activity: Q4 2014 in Review
80 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2014, worth a combined $379M — up 32% from $288M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FVD positions and 1 closed out — a net gain of 16 holders — while 33 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.8M. The largest seller was Envestnet Asset Management, cutting an estimated $1.16M.
- 80 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2014, up from 66 in Q3 2014.
- Funds reported $379M of First Trust Value Line Dividend Fund stock for Q4 2014, up 32% quarter-over-quarter.
- 17 funds opened new First Trust Value Line Dividend Fund positions in Q4 2014 and 1 closed out, a net change of +16 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2014 was Morgan Stanley, an estimated $15.8M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2014 was Envestnet Asset Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2014.