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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.

New
Increased
Maintained
Reduced
Closed

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: 49 (+5)

25% more funds holding

Funds holding: 161202 (+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%)

Holders
202
Holders Change
+41
Holders Change %
+25.47%
% of All Funds
4.58%
Holding in Top 10
9
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+125%
% of All Funds
0.2%
New
54
Increased
84
Reduced
33
Closed
13
Calls
$31K
Puts
Net Calls
+$31K
Net Calls Change
+$31K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$361M +$24.3M +798,442 +7%
Bank of America
2
Bank of America
North Carolina
$199M +$14.4M +473,380 +8%
LPL Financial
3
LPL Financial
California
$165M +$7.79M +255,613 +5%
UBS Group
4
UBS Group
Switzerland
$134M -$10.3M -337,317 -7%
Wells Fargo
5
Wells Fargo
California
$111M -$1.39M -45,464 -1%
Ameriprise
6
Ameriprise
Minnesota
$86.9M +$1.09M +35,655 +1%
RJA
7
Raymond James & Associates
Florida
$86M +$4.6M +150,856 +6%
NEPWA
8
New England Private Wealth Advisors
Massachusetts
$54.2M -$1.89M -62,056 -3%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$49.4M +$2.58M +84,641 +6%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$46.1M +$6.9M +226,353 +18%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$31.3M +$2.14M +70,262 +7%
MML Investors Services
12
MML Investors Services
Massachusetts
$28.3M +$1.66M +54,411 +6%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$24.4M +$2.96M +97,007 +14%
AG
14
Advisor Group
Arizona
$23.3M +$1.54M +50,549 +7%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$17M +$8.65M +284,063 +106%
RCAG
16
Rehmann Capital Advisory Group
Michigan
$15.8M -$256K -8,395 -2%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$14.9M +$662K +21,746 +5%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$13.7M +$970K +31,856 +8%
Stifel Financial
19
Stifel Financial
Missouri
$13.4M +$1.88M +61,778 +17%
KA
20
Kovack Advisors
Florida
$12.8M +$49K +1,608 +0.4%
FAAS
21
First Allied Advisory Services
California
$12.3M +$1.77M +58,153 +17%
ACM
22
Aviance Capital Management
Florida
$12.2M -$1.06M -34,801 -8%
Wealth Enhancement Advisory Services
23
Wealth Enhancement Advisory Services
Minnesota
$11.4M +$84.1K +2,761 +0.8%
CAN
24
Cetera Advisor Networks
California
$11.3M +$607K +19,926 +6%
SFWA
25
Summit Financial Wealth Advisors
Louisiana
$11.2M +$17.1M +560,954 New

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.