FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
16 hedge funds and large institutions have $12.4M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
10% more capital invested
Capital invested by funds: $11.3M → $12.4M (+$1.1M)
6% less funds holding
Funds holding: 17 → 16 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.14M |
| 2 |
Morgan Stanley
New York
|
+$472K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$182K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$26.8K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$105K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$96.8K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$61.3K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$19.1K |
| 5 |
LPL Financial
San Diego,
California
|
-$15.5K |
FAV Hedge Fund Activity: Q3 2014 in Review
16 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q3 2014, worth a combined $12.4M — up 9.7% from $11.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FAV and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.14M. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $105K sold.
- 16 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q3 2014, down from 17 in Q2 2014.
- Funds reported $12.4M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q3 2014, up 9.7% quarter-over-quarter.
- 1 fund opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q3 2014 and 2 closed out, a net change of -1 holder.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q3 2014 was Shaker Financial Services, an estimated $1.14M added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q3 2014 was First Allied Advisory Services, an estimated $105K sold.
Based on aggregated 13F filings for Q3 2014.