First TrustValue Line 100 Exchange-Traded
FVL was delisted on the 11th of December, 2020.
25 hedge funds and large institutions have $11M invested in First TrustValue Line 100 Exchange-Traded in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
14% less funds holding
Funds holding: 29 → 25 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
82% less capital invested
Capital invested by funds: $60.6M → $11M (-$49.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$817K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$432K |
| 3 |
LPL Financial
San Diego,
California
|
+$229K |
| 4 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$58.3K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$47.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$46.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.38M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$757K |
| 4 |
Morgan Stanley
New York
|
-$484K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$248K | -10,607 | Closed |
|
|
WA
27
Winfield Associates
Cleveland,
Ohio
| – | -$65K | -2,739 | Closed |
|
|
EWM
28
Evercore Wealth Management
New York
| – | -$12K | -500 | Closed |
|
|
PO
29
Private Ocean
San Rafael,
California
| – | -$8K | -333 | Closed |
|
FVL Hedge Fund Activity: Q1 2018 in Review
25 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First TrustValue Line 100 Exchange-Traded (FVL) for Q1 2018, worth a combined $11M — down 82% from $60.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FVL and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, adding an estimated $817K. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $46.1M sold.
- 25 institutional investors held First TrustValue Line 100 Exchange-Traded (FVL) as of Q1 2018, down from 29 in Q4 2017.
- Funds reported $11M of First TrustValue Line 100 Exchange-Traded stock for Q1 2018, down 82% quarter-over-quarter.
- 2 funds opened new First TrustValue Line 100 Exchange-Traded positions in Q1 2018 and 6 closed out, a net change of -4 holders.
- The largest First TrustValue Line 100 Exchange-Traded buyer in Q1 2018 was Jane Street, an estimated $817K added.
- The largest First TrustValue Line 100 Exchange-Traded seller in Q1 2018 was Bank of Nova Scotia, an estimated $46.1M sold.
Based on aggregated 13F filings for Q1 2018.