First Trust Value Line Dividend Fund
636 hedge funds and large institutions have $5.2B invested in First Trust Value Line Dividend Fund in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 193 increasing their positions, 290 reducing their positions, and 29 closing their positions.
90% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 29
2% more funds holding
Funds holding: 621 → 636 (+15)
0.15% less ownership
Funds ownership: 64.07% → 63.92% (-0.15%)
4% less capital invested
Capital invested by funds: $5.4B → $5.2B (-$199M)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
33% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 290
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$21.2M |
| 2 |
JP Morgan Chase
New York
|
+$16.3M |
| 3 |
Goldman Sachs
New York
|
+$11.6M |
| 4 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
+$11.5M |
| 5 |
Two Sigma Investments
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$73.3M |
| 2 |
Morgan Stanley
New York
|
-$46.1M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$36.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$27.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.5M |
FVD Hedge Fund Activity: Q1 2026 in Review
636 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in First Trust Value Line Dividend Fund (FVD) for Q1 2026, worth a combined $5.2B — down 3.7% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new FVD positions and 29 closed out — a net gain of 26 holders — while 193 added to existing stakes and 290 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $21.2M. The largest seller was Ameriprise, cutting an estimated $73.3M.
- 636 institutional investors held First Trust Value Line Dividend Fund (FVD) as of Q1 2026, up from 621 in Q4 2025.
- Funds reported $5.2B of First Trust Value Line Dividend Fund stock for Q1 2026, down 3.7% quarter-over-quarter.
- 55 funds opened new First Trust Value Line Dividend Fund positions in Q1 2026 and 29 closed out, a net change of +26 holders.
- The largest First Trust Value Line Dividend Fund buyer in Q1 2026 was Envestnet Asset Management, an estimated $21.2M added.
- The largest First Trust Value Line Dividend Fund seller in Q1 2026 was Ameriprise, an estimated $73.3M sold.
Based on aggregated 13F filings for Q1 2026.