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First Trust Value Line Dividend Fund

161 hedge funds and large institutions have $1.68B invested in First Trust Value Line Dividend Fund in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 52 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

27% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 52

5% more funds holding

Funds holding: 153161 (+8)

0% less capital invested

Capital invested by funds: $1.68B → $1.68B (-$3.26M)

2.54% less ownership

Funds ownership: 44.3%41.76% (-2.5%)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
161
Holders Change
+8
Holders Change %
+5.23%
% of All Funds
4.01%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
19
Increased
66
Reduced
52
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$325M -$84.4K -2,866 -0%
Bank of America
2
Bank of America
North Carolina
$178M +$10.3M +348,596 +6%
LPL Financial
3
LPL Financial
California
$151M +$8.78M +297,890 +6%
UBS Group
4
UBS Group
Switzerland
$139M +$3.43M +116,329 +3%
Wells Fargo
5
Wells Fargo
California
$108M -$4.13M -140,116 -4%
Ameriprise
6
Ameriprise
Minnesota
$83.1M +$15.5M +527,288 +23%
RJA
7
Raymond James & Associates
Florida
$78.5M +$4.51M +153,046 +6%
NEPWA
8
New England Private Wealth Advisors
Massachusetts
$54.1M +$605K +20,530 +1%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$45.1M +$3.93M +133,261 +10%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$37.7M +$3.76M +127,495 +11%
Citigroup
11
Citigroup
New York
$29M -$71.8M -2,437,243 -71%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$28.1M +$2.11M +71,491 +8%
MML Investors Services
13
MML Investors Services
Massachusetts
$25.7M -$1.07M -36,360 -4%
AG
14
Advisor Group
Arizona
$20.9M -$2.45M -83,302 -11%
SI
15
SII Investments
Wisconsin
$20.9M +$800K +27,144 +4%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$20.6M +$1.7M +57,808 +9%
RCAG
17
Rehmann Capital Advisory Group
Michigan
$15.5M -$351K -11,921 -2%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$13.8M -$846K -28,712 -6%
ACM
19
Aviance Capital Management
Florida
$12.8M +$12.6M +429,099 New
KA
20
Kovack Advisors
Florida
$12.3M -$831K -28,206 -6%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$12.2M +$1.73M +58,628 +17%
Stifel Financial
22
Stifel Financial
Missouri
$11.1M +$175K +5,927 +2%
Wealth Enhancement Advisory Services
23
Wealth Enhancement Advisory Services
Minnesota
$10.9M +$33.3K +1,130 +0.3%
CAN
24
Cetera Advisor Networks
California
$10.3M -$17.8K -604 -0.2%
FAAS
25
First Allied Advisory Services
California
$10.1M +$280K +9,489 +3%

FVD Hedge Fund Activity: Q3 2017 in Review

161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2017, worth a combined $1.68B — down 0.19% from $1.68B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FVD positions and 9 closed out — a net gain of 10 holders — while 66 added to existing stakes and 52 trimmed.

The largest buyer was Ameriprise, adding an estimated $15.5M. The largest seller was Citigroup, cutting an estimated $71.8M.

  • 161 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2017, up from 153 in Q2 2017.
  • Funds reported $1.68B of First Trust Value Line Dividend Fund stock for Q3 2017, down 0.19% quarter-over-quarter.
  • 19 funds opened new First Trust Value Line Dividend Fund positions in Q3 2017 and 9 closed out, a net change of +10 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q3 2017 was Ameriprise, an estimated $15.5M added.
  • The largest First Trust Value Line Dividend Fund seller in Q3 2017 was Citigroup, an estimated $71.8M sold.

Based on aggregated 13F filings for Q3 2017.