FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
22 hedge funds and large institutions have $9.93M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
12% less funds holding
Funds holding: 25 → 22 (-3)
17% less capital invested
Capital invested by funds: $11.9M → $9.93M (-$1.99M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$73.1K |
| 3 |
LPL Financial
San Diego,
California
|
+$42.5K |
| 4 |
Barclays
London,
United Kingdom
|
+$36.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.64M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$479K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$255K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$249K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$237K |
FAV Hedge Fund Activity: Q3 2013 in Review
22 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q3 2013, worth a combined $9.93M — down 17% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAV and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $1.79M. The largest seller was Shaker Financial Services, cutting an estimated $2.64M.
- 22 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q3 2013, down from 25 in Q2 2013.
- Funds reported $9.93M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q3 2013, down 17% quarter-over-quarter.
- 2 funds opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q3 2013 and 5 closed out, a net change of -3 holders.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q3 2013 was Morgan Stanley, an estimated $1.79M added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q3 2013 was Shaker Financial Services, an estimated $2.64M sold.
Based on aggregated 13F filings for Q3 2013.