First Trust Value Line Dividend Fund
FVD
91 hedge funds and large institutions have $460M invested in First Trust Value Line Dividend Fund in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
56% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 25
21% more capital invested
Capital invested by funds: $379M → $460M (+$80.3M)
14% more funds holding
Funds holding: 80 → 91 (+11)
2.22% more ownership
Funds ownership: 35.05% → 37.27% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$22.4M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$22.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13.4M |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$7.57M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$3.24M |
| 2 |
Goldman Sachs
New York
|
-$1.87M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$1.75M |
| 4 |
Morgan Stanley
New York
|
-$1.56M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.4M |
FVD Hedge Fund Activity: Q1 2015 in Review
91 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2015, worth a combined $460M — up 21% from $379M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FVD positions and 4 closed out — a net gain of 13 holders — while 39 added to existing stakes and 25 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $22.4M. The largest seller was American International Group, cutting an estimated $3.24M.
- 91 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2015, up from 80 in Q4 2014.
- Funds reported $460M of First Trust Value Line Dividend Fund stock for Q1 2015, up 21% quarter-over-quarter.
- 17 funds opened new First Trust Value Line Dividend Fund positions in Q1 2015 and 4 closed out, a net change of +13 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2015 was Hays Advisory, an estimated $22.4M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2015 was American International Group, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2015.