FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
20 hedge funds and large institutions have $12.1M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more funds holding
Funds holding: 18 → 20 (+2)
6% less capital invested
Capital invested by funds: $12.9M → $12.1M (-$741K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$540K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$385K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$115K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$112K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$72.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.26M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$112K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$26.8K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$20K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$19K |
FAV Hedge Fund Activity: Q1 2015 in Review
20 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q1 2015, worth a combined $12.1M — down 5.8% from $12.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAV positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $540K. The largest seller was Morgan Stanley, cutting an estimated $1.26M.
- 20 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q1 2015, up from 18 in Q4 2014.
- Funds reported $12.1M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q1 2015, down 5.8% quarter-over-quarter.
- 5 funds opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q1 2015 and 3 closed out, a net change of +2 holders.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q1 2015 was Wolverine Asset Management, an estimated $540K added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q1 2015 was Morgan Stanley, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2015.