First Trust Value Line Dividend Fund
343 hedge funds and large institutions have $4.64B invested in First Trust Value Line Dividend Fund in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 168 increasing their positions, 97 reducing their positions, and 45 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 97
1.98% more ownership
Funds ownership: 57% → 58.99% (+2%)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
2% less funds holding
Funds holding: 350 → 343 (-7)
15% less funds holding in top 10
Funds holding in top 10: 41 → 35 (-6)
15% less capital invested
Capital invested by funds: $5.48B → $4.64B (-$840M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$252M |
| 2 |
LPL Financial
San Diego,
California
|
+$55.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$49.3M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$38.9M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$78M |
| 2 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$43.7M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$26.3M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$24.6M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$13.5M |
FVD Hedge Fund Activity: Q1 2020 in Review
343 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2020, worth a combined $4.64B — down 15% from $5.48B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FVD and 44 opened new positions — a net loss of 1 holder — while 97 trimmed existing stakes and 168 added.
The largest buyer was Morgan Stanley, adding an estimated $252M. The largest seller was JP Morgan Chase, cutting an estimated $78M.
- 343 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2020, down from 350 in Q4 2019.
- Funds reported $4.64B of First Trust Value Line Dividend Fund stock for Q1 2020, down 15% quarter-over-quarter.
- 44 funds opened new First Trust Value Line Dividend Fund positions in Q1 2020 and 45 closed out, a net change of -1 holder.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2020 was Morgan Stanley, an estimated $252M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2020 was JP Morgan Chase, an estimated $78M sold.
Based on aggregated 13F filings for Q1 2020.