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FAV

FIRST TRUST DIVIDEND AND INCOME FD COM
FAV

Delisted

FAV was delisted on the 21st of October, 2016.

28 hedge funds and large institutions have $25.7M invested in FIRST TRUST DIVIDEND AND INCOME FD COM in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more capital invested

Capital invested by funds: $21M → $25.7M (+$4.65M)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

7% less funds holding

Funds holding: 3028 (-2)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
28
Holders Change
-2
Holders Change %
-6.67%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
10
Reduced
10
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$13.6M +$4.92M +617,125 +65%
IA
2
Icon Advisers
Colorado
$2.38M +$1.04M +129,945 +89%
SIA
3
Sit Investment Associates
Minnesota
$1.47M +$1.35M +169,631 New
COLIM
4
City of London Investment Management
United Kingdom
$814K -$816K -102,336 -52%
RJA
5
Raymond James & Associates
Florida
$789K -$2.15K -270 -0.3%
LPL Financial
6
LPL Financial
California
$758K +$341K +42,685 +92%
RCM
7
Rivernorth Capital Management
Florida
$738K +$106K +13,317 +19%
Wells Fargo
8
Wells Fargo
California
$712K +$82.7K +10,369 +14%
RVPG
9
Relative Value Partners Group
$670K -$72.5K -9,088 -10%
GC
10
Guggenheim Capital
Illinois
$592K +$91.9K +11,521 +20%
1CP
11
1607 Capital Partners
Virginia
$483K -$436K -54,699 -49%
UBS Group
12
UBS Group
Switzerland
$399K +$73.1K +9,165 +25%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$397K +$3.13K +393 +0.9%
Citigroup
14
Citigroup
New York
$393K +$350K +43,924 +2,865%
OC
15
Oppenheimer & Co
New York
$315K
KIM
16
Karpus Investment Management
New York
$265K +$244K +30,609 New
MIG
17
Mariner Investment Group
New York
$203K -$106K -13,317 -36%
AIG
18
American International Group
New York
$191K
RJFSA
19
Raymond James Financial Services Advisors
Florida
$181K -$43.9K -5,500 -21%
BBPWM
20
Blue Bell Private Wealth Management
Pennsylvania
$123K -$53.2K -6,665 -32%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$87K
Morgan Stanley
22
Morgan Stanley
New York
$81K -$3.16M -395,487 -98%
Bank of America
23
Bank of America
North Carolina
$36K -$24.1K -3,015 -42%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$16K +$8.03K +1,006 +117%
GI
25
Gradient Investments
Minnesota
$15K

FAV Hedge Fund Activity: Q1 2016 in Review

28 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) for Q1 2016, worth a combined $25.7M — up 22% from $21M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of FAV and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 10 added.

The largest buyer was Bulldog Investors, adding an estimated $4.92M. The largest seller was Morgan Stanley, cutting an estimated $3.16M.

  • 28 institutional investors held FIRST TRUST DIVIDEND AND INCOME FD COM (FAV) as of Q1 2016, down from 30 in Q4 2015.
  • Funds reported $25.7M of FIRST TRUST DIVIDEND AND INCOME FD COM stock for Q1 2016, up 22% quarter-over-quarter.
  • 2 funds opened new FIRST TRUST DIVIDEND AND INCOME FD COM positions in Q1 2016 and 4 closed out, a net change of -2 holders.
  • The largest FIRST TRUST DIVIDEND AND INCOME FD COM buyer in Q1 2016 was Bulldog Investors, an estimated $4.92M added.
  • The largest FIRST TRUST DIVIDEND AND INCOME FD COM seller in Q1 2016 was Morgan Stanley, an estimated $3.16M sold.

Based on aggregated 13F filings for Q1 2016.