FORT DEARBORN INCOME SECS
FDI
FDI was delisted on the 17th of May, 2016.
27 hedge funds and large institutions have $48.6M invested in FORT DEARBORN INCOME SECS in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
5% more capital invested
Capital invested by funds: $46.4M → $48.6M (+$2.23M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 28 → 27 (-1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.12M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$746K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$655K |
| 4 |
Citigroup
New York
|
+$20.9K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$13.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Redmond Asset Management
Henrico,
Virginia
|
-$285K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$215K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$198K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$195K |
| 5 |
Morgan Stanley
New York
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $1.31K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
RAM
28
Redmond Asset Management
Henrico,
Virginia
| – | -$285K | -20,135 | Closed |
|
|
29
AQR Capital Management
Greenwich,
Connecticut
| – | -$198K | -13,973 | Closed |
|
|
30
HighTower Advisors
Chicago,
Illinois
| – | -$195K | -13,800 | Closed |
|
|
NPC
31
National Planning Corporation
El Segundo,
California
| – | -$7.17K | -500 | Closed |
|
FDI Hedge Fund Activity: Q1 2015 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in FORT DEARBORN INCOME SECS (FDI) for Q1 2015, worth a combined $48.6M — up 4.8% from $46.4M a quarter earlier.
Fund positioning in FDI was balanced in Q1 2015: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.12M. The largest seller was Redmond Asset Management, exiting entirely with an estimated $285K sold.
- 27 institutional investors held FORT DEARBORN INCOME SECS (FDI) as of Q1 2015, down from 28 in Q4 2014.
- Funds reported $48.6M of FORT DEARBORN INCOME SECS stock for Q1 2015, up 4.8% quarter-over-quarter.
- 4 funds opened new FORT DEARBORN INCOME SECS positions in Q1 2015 and 4 closed out, a net change of 0 holders.
- The largest FORT DEARBORN INCOME SECS buyer in Q1 2015 was Karpus Investment Management, an estimated $1.12M added.
- The largest FORT DEARBORN INCOME SECS seller in Q1 2015 was Redmond Asset Management, an estimated $285K sold.
Based on aggregated 13F filings for Q1 2015.