First Trust Value Line Dividend Fund
522 hedge funds and large institutions have $7.85B invested in First Trust Value Line Dividend Fund in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 194 increasing their positions, 201 reducing their positions, and 36 closing their positions.
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
1% more funds holding
Funds holding: 517 → 522 (+5)
0.95% more ownership
Funds ownership: 64.06% → 65.01% (+0.95%)
0% less capital invested
Capital invested by funds: $7.85B → $7.85B (-$1.34M)
3% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 201
18% less funds holding in top 10
Funds holding in top 10: 68 → 56 (-12)
99% less call options, than puts
Call options by funds: $68K | Put options by funds: $7.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$58.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$23.3M |
| 3 |
Goldman Sachs
New York
|
+$21.2M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
+$18.4M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$35.3M |
| 2 |
Morgan Stanley
New York
|
-$33.9M |
| 3 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$32.1M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$28.2M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$14.6M |
FVD Hedge Fund Activity: Q2 2023 in Review
522 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q2 2023, worth a combined $7.85B — down 0.02% from $7.85B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new FVD positions and 36 closed out — a net gain of 12 holders — while 194 added to existing stakes and 201 trimmed.
The largest buyer was Ameriprise, adding an estimated $58.8M. The largest seller was Bank of America, cutting an estimated $35.3M.
- 522 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q2 2023, up from 517 in Q1 2023.
- Funds reported $7.85B of First Trust Value Line Dividend Fund stock for Q2 2023, down 0.02% quarter-over-quarter.
- 48 funds opened new First Trust Value Line Dividend Fund positions in Q2 2023 and 36 closed out, a net change of +12 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.