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First Trust Value Line Dividend Fund

259 hedge funds and large institutions have $3.3B invested in First Trust Value Line Dividend Fund in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 135 increasing their positions, 56 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 56

50% more funds holding in top 10

Funds holding in top 10: 1218 (+6)

41% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 22

22% more capital invested

Capital invested by funds: $2.7B → $3.3B (+$601M)

1% more funds holding

Funds holding: 256259 (+3)

0.62% more ownership

Funds ownership: 49.37%49.98% (+0.62%)

Holders
259
Holders Change
+3
Holders Change %
+1.17%
% of All Funds
5.63%
Holding in Top 10
18
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+50%
% of All Funds
0.39%
New
31
Increased
135
Reduced
56
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$616M +$81.1M +2,448,623 +16%
Bank of America
2
Bank of America
North Carolina
$332M +$51.7M +1,560,581 +19%
LPL Financial
3
LPL Financial
California
$308M +$40.4M +1,219,214 +15%
UBS Group
4
UBS Group
Switzerland
$213M +$46.8M +1,414,556 +29%
Wells Fargo
5
Wells Fargo
California
$206M +$29M +877,197 +17%
Ameriprise
6
Ameriprise
Minnesota
$168M +$20.9M +630,448 +15%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$141M +$24.3M +734,719 +21%
RJA
8
Raymond James & Associates
Florida
$118M +$11.9M +360,683 +11%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$79.3M +$20M +604,997 +35%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$66.4M +$20.6M +621,602 +46%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$65.9M +$9.42M +284,422 +17%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$64.3M +$9.26M +279,651 +17%
NEPWA
13
New England Private Wealth Advisors
Massachusetts
$57.7M +$4.04M +122,034 +8%
AG
14
Advisor Group
Arizona
$52.8M +$4.34M +130,963 +9%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$41.8M +$13.7M +414,578 +50%
Stifel Financial
16
Stifel Financial
Missouri
$36.9M +$2.03M +61,265 +6%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$31M +$10.2M +306,555 +50%
BTS
18
BB&T Securities
Virginia
$26.3M -$1.72M -51,909 -6%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$25.9M -$1.16M -35,124 -4%
MML Investors Services
20
MML Investors Services
Massachusetts
$23.4M -$426K -12,857 -2%
JMPWA
21
JP Morgan Private Wealth Advisors
California
$20.5M -$79.7K -2,407 -0.4%
PFS
22
Prospera Financial Services
Texas
$17.3M +$16.9M +510,188 New
MIC
23
Means Investment Company
Maine
$17.3M +$535K +16,163 +3%
US Bancorp
24
US Bancorp
Minnesota
$16.7M +$485K +14,641 +3%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$16.2M +$2.47M +74,600 +18%

FVD Hedge Fund Activity: Q2 2019 in Review

259 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2019, worth a combined $3.3B — up 22% from $2.7B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FVD positions and 22 closed out — a net gain of 9 holders — while 135 added to existing stakes and 56 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $81.1M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.05M sold.

  • 259 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2019, up from 256 in Q1 2019.
  • Funds reported $3.3B of First Trust Value Line Dividend Fund stock for Q2 2019, up 22% quarter-over-quarter.
  • 31 funds opened new First Trust Value Line Dividend Fund positions in Q2 2019 and 22 closed out, a net change of +9 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q2 2019 was Morgan Stanley, an estimated $81.1M added.
  • The largest First Trust Value Line Dividend Fund seller in Q2 2019 was Susquehanna International Group, an estimated $3.05M sold.

Based on aggregated 13F filings for Q2 2019.