First Trust Value Line Dividend Fund
408 hedge funds and large institutions have $6.89B invested in First Trust Value Line Dividend Fund in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 174 increasing their positions, 127 reducing their positions, and 30 closing their positions.
85% more capital inflows, than outflows
Capital inflows: $363M | Capital outflows: $196M
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
37% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 127
19% more funds holding in top 10
Funds holding in top 10: 36 → 43 (+7)
5% more funds holding
Funds holding: 390 → 408 (+18)
0.99% more ownership
Funds ownership: 61.16% → 62.14% (+0.99%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$53.7M |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
+$37M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$15.4M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.9M |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$22.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$18M |
| 3 |
Simplicity Solutions
Minneapolis,
Minnesota
|
-$16.2M |
| 4 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$9.6M |
| 5 |
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$9.36M |
FVD Hedge Fund Activity: Q1 2021 in Review
408 of the 5,714 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2021, worth a combined $6.89B — up 11% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FVD positions and 30 closed out — a net gain of 20 holders — while 174 added to existing stakes and 127 trimmed.
The largest buyer was Total Investment Management, adding an estimated $53.7M. The largest seller was Wells Fargo, cutting an estimated $22.3M.
- 408 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2021, up from 390 in Q4 2020.
- Funds reported $6.89B of First Trust Value Line Dividend Fund stock for Q1 2021, up 11% quarter-over-quarter.
- 50 funds opened new First Trust Value Line Dividend Fund positions in Q1 2021 and 30 closed out, a net change of +20 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2021 was Total Investment Management, an estimated $53.7M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2021 was Wells Fargo, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2021.