First Trust Value Line Dividend Fund
88 hedge funds and large institutions have $369M invested in First Trust Value Line Dividend Fund in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
5% more funds holding
Funds holding: 84 → 88 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
71% less capital inflows, than outflows
Capital inflows: $13.8M | Capital outflows: $48.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Suisse
Zurich,
Switzerland
|
+$2.75M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.79M |
| 3 |
Tower Research Capital (TRC)
New York
|
+$875K |
| 4 |
MSI Financial Services
Springfield,
Massachusetts
|
+$731K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$696K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$9.41M |
| 3 |
Morgan Stanley
New York
|
-$7.23M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.44M |
| 5 |
American International Group
New York
|
-$3.2M |
FVD Hedge Fund Activity: Q3 2015 in Review
88 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2015, worth a combined $369M — down 11% from $414M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FVD positions and 6 closed out — a net gain of 6 holders — while 30 added to existing stakes and 34 trimmed.
The largest buyer was Credit Suisse, adding an estimated $2.75M. The largest seller was Wells Fargo, cutting an estimated $9.7M.
- 88 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2015, up from 84 in Q2 2015.
- Funds reported $369M of First Trust Value Line Dividend Fund stock for Q3 2015, down 11% quarter-over-quarter.
- 12 funds opened new First Trust Value Line Dividend Fund positions in Q3 2015 and 6 closed out, a net change of +6 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2015 was Credit Suisse, an estimated $2.75M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2015 was Wells Fargo, an estimated $9.7M sold.
Based on aggregated 13F filings for Q3 2015.