First Trust Value Line Dividend Fund
153 hedge funds and large institutions have $1.68B invested in First Trust Value Line Dividend Fund in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 79 increasing their positions, 35 reducing their positions, and 10 closing their positions.
708% more capital inflows, than outflows
Capital inflows: $220M | Capital outflows: $27.3M
126% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 35
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
3% more funds holding
Funds holding: 148 → 153 (+5)
1.78% more ownership
Funds ownership: 42.52% → 44.3% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$28.2M |
| 2 |
Morgan Stanley
New York
|
+$21.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$19.6M |
| 4 |
BB&T Securities
Richmond,
Virginia
|
+$15.3M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lincoln National Corp
Radnor,
Pennsylvania
|
-$9.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.18M |
| 3 |
Virtu Financial
New York
|
-$1.52M |
| 4 |
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.48M |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$1.28M |
FVD Hedge Fund Activity: Q2 2017 in Review
153 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2017, worth a combined $1.68B — up 14% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FVD positions and 10 closed out — a net gain of 8 holders — while 79 added to existing stakes and 35 trimmed.
The largest buyer was UBS Group, adding an estimated $28.2M. The largest seller was Lincoln National Corp, cutting an estimated $9.6M.
- 153 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2017, up from 148 in Q1 2017.
- Funds reported $1.68B of First Trust Value Line Dividend Fund stock for Q2 2017, up 14% quarter-over-quarter.
- 18 funds opened new First Trust Value Line Dividend Fund positions in Q2 2017 and 10 closed out, a net change of +8 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q2 2017 was UBS Group, an estimated $28.2M added.
- The largest First Trust Value Line Dividend Fund seller in Q2 2017 was Lincoln National Corp, an estimated $9.6M sold.
Based on aggregated 13F filings for Q2 2017.