FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
17 hedge funds and large institutions have $11.3M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
6% less capital invested
Capital invested by funds: $12.1M → $11.3M (-$770K)
19% less funds holding
Funds holding: 21 → 17 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$111K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$60.3K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$45.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$41.8K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.14M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$316K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$149K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$95.4K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$60K |
FAV Hedge Fund Activity: Q2 2014 in Review
17 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q2 2014, worth a combined $11.3M — down 6.4% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAV and 1 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Shaker Financial Services, adding an estimated $111K. The largest seller was Morgan Stanley, cutting an estimated $1.14M.
- 17 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q2 2014, down from 21 in Q1 2014.
- Funds reported $11.3M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q2 2014, down 6.4% quarter-over-quarter.
- 1 fund opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q2 2014 and 5 closed out, a net change of -4 holders.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q2 2014 was Shaker Financial Services, an estimated $111K added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q2 2014 was Morgan Stanley, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2014.