First Trust Value Line Dividend Fund
389 hedge funds and large institutions have $6.21B invested in First Trust Value Line Dividend Fund in 2020 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 151 increasing their positions, 116 reducing their positions, and 19 closing their positions.
321% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 19
30% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 116
29% more funds holding in top 10
Funds holding in top 10: 28 → 36 (+8)
18% more capital invested
Capital invested by funds: $5.27B → $6.21B (+$935M)
16% more funds holding
Funds holding: 334 → 389 (+55)
1.74% more ownership
Funds ownership: 59.41% → 61.15% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$54.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$41.1M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$23.8M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$20.9M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$28.2M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$11.9M |
| 3 |
SWAG
Spectrum Wealth Advisory Group
Granite Bay,
California
|
-$11.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.93M |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$7.32M |
FVD Hedge Fund Activity: Q4 2020 in Review
389 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q4 2020, worth a combined $6.21B — up 18% from $5.27B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new FVD positions and 19 closed out — a net gain of 61 holders — while 151 added to existing stakes and 116 trimmed.
The largest buyer was Ameriprise, adding an estimated $54.1M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $28.2M.
- 389 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q4 2020, up from 334 in Q3 2020.
- Funds reported $6.21B of First Trust Value Line Dividend Fund stock for Q4 2020, up 18% quarter-over-quarter.
- 80 funds opened new First Trust Value Line Dividend Fund positions in Q4 2020 and 19 closed out, a net change of +61 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q4 2020 was Ameriprise, an estimated $54.1M added.
- The largest First Trust Value Line Dividend Fund seller in Q4 2020 was Raymond James Financial Services Advisors, an estimated $28.2M sold.
Based on aggregated 13F filings for Q4 2020.