First Trust Value Line Dividend Fund
99 hedge funds and large institutions have $675M invested in First Trust Value Line Dividend Fund in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 15 reducing their positions, and 5 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 15
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
51% more capital invested
Capital invested by funds: $446M → $675M (+$229M)
11% more funds holding
Funds holding: 89 → 99 (+10)
6.62% more ownership
Funds ownership: 37.66% → 44.28% (+6.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$66.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$37.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$16.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$11.6M |
| 5 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$930K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$579K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$550K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$542K |
FVD Hedge Fund Activity: Q1 2016 in Review
99 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2016, worth a combined $675M — up 51% from $446M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FVD positions and 5 closed out — a net gain of 11 holders — while 54 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $66.7M. The largest seller was B. Riley Wealth Advisors, exiting entirely with an estimated $1.09M sold.
- 99 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2016, up from 89 in Q4 2015.
- Funds reported $675M of First Trust Value Line Dividend Fund stock for Q1 2016, up 51% quarter-over-quarter.
- 16 funds opened new First Trust Value Line Dividend Fund positions in Q1 2016 and 5 closed out, a net change of +11 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2016 was Morgan Stanley, an estimated $66.7M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2016 was B. Riley Wealth Advisors, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2016.