FORT DEARBORN INCOME SECS
FDI
FDI was delisted on the 17th of May, 2016.
28 hedge funds and large institutions have $80.7M invested in FORT DEARBORN INCOME SECS in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 5 closing their positions.
114% more capital invested
Capital invested by funds: $37.8M → $80.7M (+$42.9M)
3% less funds holding
Funds holding: 29 → 28 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.9M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.37M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$475K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$168K |
| 5 |
LPL Financial
San Diego,
California
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$520K |
| 3 |
Morgan Stanley
New York
|
-$387K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$160K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
26
TCI Wealth Advisors
Tucson,
Arizona
| $9K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
SIA
30
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$2.32M | -161,050 | Closed |
|
|
GC
31
Guggenheim Capital
Chicago,
Illinois
| – | -$160K | -11,111 | Closed |
|
32
AllianceBernstein
Nashville,
Tennessee
| – | -$77K | -5,316 | Closed |
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$69K | -4,767 | Closed |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6K | -400 | Closed |
|
FDI Hedge Fund Activity: Q2 2014 in Review
28 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in FORT DEARBORN INCOME SECS (FDI) for Q2 2014, worth a combined $80.7M — up 114% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDI and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 3 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.9M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.32M sold.
- 28 institutional investors held FORT DEARBORN INCOME SECS (FDI) as of Q2 2014, down from 29 in Q1 2014.
- Funds reported $80.7M of FORT DEARBORN INCOME SECS stock for Q2 2014, up 114% quarter-over-quarter.
- 4 funds opened new FORT DEARBORN INCOME SECS positions in Q2 2014 and 5 closed out, a net change of -1 holder.
- The largest FORT DEARBORN INCOME SECS buyer in Q2 2014 was Karpus Investment Management, an estimated $3.9M added.
- The largest FORT DEARBORN INCOME SECS seller in Q2 2014 was Sit Investment Associates, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2014.