First Trust Value Line Dividend Fund
202 hedge funds and large institutions have $1.83B invested in First Trust Value Line Dividend Fund in 2017 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 84 increasing their positions, 33 reducing their positions, and 13 closing their positions.
315% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 13
155% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 33
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
25% more funds holding
Funds holding: 161 → 202 (+41)
9% more capital invested
Capital invested by funds: $1.68B → $1.83B (+$148M)
1.96% more ownership
Funds ownership: 41.76% → 43.72% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.3M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$17.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.65M |
| 5 |
LPL Financial
San Diego,
California
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$24.5M |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
-$11.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.3M |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$9.73M |
| 5 |
Jane Street
New York
|
-$6.25M |
FVD Hedge Fund Activity: Q4 2017 in Review
202 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2017, worth a combined $1.83B — up 8.8% from $1.68B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FVD positions and 13 closed out — a net gain of 41 holders — while 84 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.3M. The largest seller was Citigroup, cutting an estimated $24.5M.
- 202 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2017, up from 161 in Q3 2017.
- Funds reported $1.83B of First Trust Value Line Dividend Fund stock for Q4 2017, up 8.8% quarter-over-quarter.
- 54 funds opened new First Trust Value Line Dividend Fund positions in Q4 2017 and 13 closed out, a net change of +41 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2017 was Morgan Stanley, an estimated $24.3M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2017 was Citigroup, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2017.