First Trust Value Line Dividend Fund
211 hedge funds and large institutions have $1.72B invested in First Trust Value Line Dividend Fund in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 83 increasing their positions, 72 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
15% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 72
4% more funds holding
Funds holding: 202 → 211 (+9)
1.03% less ownership
Funds ownership: 43.72% → 42.69% (-1%)
6% less capital invested
Capital invested by funds: $1.83B → $1.72B (-$109M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$15.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.53M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.14M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$7.88M |
| 5 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$15.4M |
| 3 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$11.2M |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$10.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.67M |
FVD Hedge Fund Activity: Q1 2018 in Review
211 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2018, worth a combined $1.72B — down 6% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FVD positions and 16 closed out — a net gain of 11 holders — while 83 added to existing stakes and 72 trimmed.
The largest buyer was LPL Financial, adding an estimated $15.2M. The largest seller was Morgan Stanley, cutting an estimated $24.6M.
- 211 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2018, up from 202 in Q4 2017.
- Funds reported $1.72B of First Trust Value Line Dividend Fund stock for Q1 2018, down 6% quarter-over-quarter.
- 27 funds opened new First Trust Value Line Dividend Fund positions in Q1 2018 and 16 closed out, a net change of +11 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2018 was LPL Financial, an estimated $15.2M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2018 was Morgan Stanley, an estimated $24.6M sold.
Based on aggregated 13F filings for Q1 2018.