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First Trust Value Line Dividend Fund

521 hedge funds and large institutions have $7.84B invested in First Trust Value Line Dividend Fund in 2023 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 194 increasing their positions, 199 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 36

1% more funds holding

Funds holding: 515521 (+6)

0.95% more ownership

Funds ownership: 63.99%64.95% (+0.95%)

0% more capital invested

Capital invested by funds: $7.8B → $7.84B (+$36.2M)

3% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 199

18% less funds holding in top 10

Funds holding in top 10: 6856 (-12)

99% less call options, than puts

Call options by funds: $68K | Put options by funds: $7.35M

Holders
521
Holders Change
+6
Holders Change %
+1.17%
% of All Funds
8.18%
Holding in Top 10
56
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-17.65%
% of All Funds
0.88%
New
49
Increased
194
Reduced
199
Closed
36
Calls
$68K
Puts
$7.35M
Net Calls
-$7.28M
Net Calls Change
-$7.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.28B -$33.9M -846,905 -3%
LPL Financial
2
LPL Financial
California
$926M +$11.9M +296,504 +1%
Ameriprise
3
Ameriprise
Minnesota
$401M +$58.8M +1,468,559 +17%
Wells Fargo
4
Wells Fargo
California
$392M +$23.3M +581,211 +6%
Bank of America
5
Bank of America
North Carolina
$379M -$35.3M -882,598 -9%
UBS Group
6
UBS Group
Switzerland
$301M -$12M -300,685 -4%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$260M -$28.2M -704,185 -10%
RJA
8
Raymond James & Associates
Florida
$231M -$10.2M -254,199 -4%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$224M -$5.42M -135,334 -2%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$181M +$12.8M +320,779 +8%
Osaic Holdings
11
Osaic Holdings
Arizona
$180M +$3.27M +81,681 +2%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$168M -$14.6M -364,612 -8%
Stifel Financial
13
Stifel Financial
Missouri
$151M +$3.47M +86,781 +2%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$123M -$3.36M -83,947 -3%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$85M -$13M -325,832 -13%
ACM
16
Advance Capital Management
Michigan
$79.2M -$32.1M -801,614 -29%
Truist Financial
17
Truist Financial
North Carolina
$65M +$832K +20,790 +1%
PAG
18
Private Advisor Group
New Jersey
$61.6M -$3.46M -86,363 -5%
HighTower Advisors
19
HighTower Advisors
Illinois
$58.6M +$16.4M +408,874 +39%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$57.7M -$464K -11,597 -0.8%
TC
21
Trilogy Capital
California
$51.6M +$4.23M +105,718 +9%
KAS
22
Kestra Advisory Services
Texas
$50M +$20.1K +501 +0%
AAS
23
Avantax Advisory Services
Texas
$46.1M +$790K +19,744 +2%
SWP
24
Stratos Wealth Partners
Ohio
$44.1M +$5.89M +147,259 +15%
AWS
25
Atria Wealth Solutions
New York
$42.1M +$295K +7,379 +0.7%

FVD Hedge Fund Activity: Q2 2023 in Review

521 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2023, worth a combined $7.84B — up 0.46% from $7.8B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new FVD positions and 36 closed out — a net gain of 13 holders — while 194 added to existing stakes and 199 trimmed.

The largest buyer was Ameriprise, adding an estimated $58.8M. The largest seller was Bank of America, cutting an estimated $35.3M.

  • 521 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2023, up from 515 in Q1 2023.
  • Funds reported $7.84B of First Trust Value Line Dividend Fund stock for Q2 2023, up 0.46% quarter-over-quarter.
  • 49 funds opened new First Trust Value Line Dividend Fund positions in Q2 2023 and 36 closed out, a net change of +13 holders.
  • The largest First Trust Value Line Dividend Fund buyer in Q2 2023 was Ameriprise, an estimated $58.8M added.
  • The largest First Trust Value Line Dividend Fund seller in Q2 2023 was Bank of America, an estimated $35.3M sold.

Based on aggregated 13F filings for Q2 2023.