First Trust Value Line Dividend Fund
FVD
401 hedge funds and large institutions have $7.27B invested in First Trust Value Line Dividend Fund in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 189 increasing their positions, 112 reducing their positions, and 22 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 112
54% more capital inflows, than outflows
Capital inflows: $279M | Capital outflows: $181M
21% more funds holding in top 10
Funds holding in top 10: 39 → 47 (+8)
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
0.57% more ownership
Funds ownership: 61.75% → 62.32% (+0.57%)
1% less funds holding
Funds holding: 406 → 401 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$86M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.2M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
+$16.2M |
| 4 |
Good Life Advisors
Reading,
Pennsylvania
|
+$12.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$35.7M |
| 2 |
Lincoln National Corp
Radnor,
Pennsylvania
|
-$18.7M |
| 3 |
Level Four Advisory Services
Dallas,
Texas
|
-$13.8M |
| 4 |
Morgan Stanley
New York
|
-$11.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.7M |
FVD Hedge Fund Activity: Q3 2021 in Review
401 of the 5,731 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q3 2021, worth a combined $7.27B — down 0.26% from $7.29B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FVD positions and 22 closed out — a net gain of 4 holders — while 189 added to existing stakes and 112 trimmed.
The largest buyer was LPL Financial, adding an estimated $86M. The largest seller was Bank of America, cutting an estimated $35.7M.
- 401 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q3 2021, down from 406 in Q2 2021.
- Funds reported $7.27B of First Trust Value Line Dividend Fund stock for Q3 2021, down 0.26% quarter-over-quarter.
- 26 funds opened new First Trust Value Line Dividend Fund positions in Q3 2021 and 22 closed out, a net change of +4 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q3 2021 was LPL Financial, an estimated $86M added.
- The largest First Trust Value Line Dividend Fund seller in Q3 2021 was Bank of America, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2021.