FORT DEARBORN INCOME SECS
FDI
FDI was delisted on the 17th of May, 2016.
29 hedge funds and large institutions have $37.8M invested in FORT DEARBORN INCOME SECS in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 5 closing their positions.
20% more capital invested
Capital invested by funds: $31.6M → $37.8M (+$6.18M)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.72M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.4M |
| 3 |
Morgan Stanley
New York
|
+$1M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$915K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.1M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$547K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$334K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$263K |
| 5 |
SCM
Saba Capital Management
New York
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | -$66.7K | -4,671 | -92% |
|
27
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
30
AQR Capital Management
Greenwich,
Connecticut
| – | -$547K | -39,607 | Closed |
|
|
TC
31
TFS Capital
West Chester,
Pennsylvania
| – | -$334K | -24,229 | Closed |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$263K | -19,023 | Closed |
|
|
SCM
33
Saba Capital Management
New York
| – | -$256K | -18,559 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$15K | -1,056 | Closed |
|
FDI Hedge Fund Activity: Q1 2014 in Review
29 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in FORT DEARBORN INCOME SECS (FDI) for Q1 2014, worth a combined $37.8M — up 20% from $31.6M a quarter earlier.
Fund positioning in FDI was balanced in Q1 2014: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.72M. The largest seller was Wells Fargo, cutting an estimated $1.1M.
- 29 institutional investors held FORT DEARBORN INCOME SECS (FDI) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $37.8M of FORT DEARBORN INCOME SECS stock for Q1 2014, up 20% quarter-over-quarter.
- 5 funds opened new FORT DEARBORN INCOME SECS positions in Q1 2014 and 5 closed out, a net change of 0 holders.
- The largest FORT DEARBORN INCOME SECS buyer in Q1 2014 was Karpus Investment Management, an estimated $3.72M added.
- The largest FORT DEARBORN INCOME SECS seller in Q1 2014 was Wells Fargo, an estimated $1.1M sold.
Based on aggregated 13F filings for Q1 2014.