FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
25 hedge funds and large institutions have $15.4M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
25% more funds holding
Funds holding: 20 → 25 (+5)
10% more capital invested
Capital invested by funds: $14M → $15.4M (+$1.38M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.59M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.42M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$393K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$274K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$5.03M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$791K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$186K |
| 4 |
LPL Financial
San Diego,
California
|
-$105K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$78.7K |
FAV Hedge Fund Activity: Q3 2015 in Review
25 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q3 2015, worth a combined $15.4M — up 9.9% from $14M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAV positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $5.59M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $5.03M sold.
- 25 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q3 2015, up from 20 in Q2 2015.
- Funds reported $15.4M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q3 2015, up 9.9% quarter-over-quarter.
- 7 funds opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q3 2015 and 2 closed out, a net change of +5 holders.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q3 2015 was Bulldog Investors, an estimated $5.59M added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q3 2015 was Shaker Financial Services, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2015.