FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
FAV was delisted on the 21st of October, 2016.
30 hedge funds and large institutions have $21M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
36% more capital invested
Capital invested by funds: $15.4M → $21M (+$5.62M)
20% more funds holding
Funds holding: 25 → 30 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.09M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.22M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.2M |
| 4 |
RVPG
Relative Value Partners Group
|
+$726K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.38M |
| 2 |
Morgan Stanley
New York
|
-$901K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$318K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$266K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$242K |
FAV Hedge Fund Activity: Q4 2015 in Review
30 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q4 2015, worth a combined $21M — up 36% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FAV positions and 6 closed out — a net gain of 5 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $2.09M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.38M sold.
- 30 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q4 2015, up from 25 in Q3 2015.
- Funds reported $21M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q4 2015, up 36% quarter-over-quarter.
- 11 funds opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q4 2015 and 6 closed out, a net change of +5 holders.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q4 2015 was Bulldog Investors, an estimated $2.09M added.
- The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q4 2015 was Karpus Investment Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2015.