FORT DEARBORN INCOME SECS
FDI
FDI was delisted on the 17th of May, 2016.
22 hedge funds and large institutions have $50M invested in FORT DEARBORN INCOME SECS in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $48.8M → $50M (+$1.21M)
15% less funds holding
Funds holding: 26 → 22 (-4)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.66M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$902K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$701K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$546K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$4.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.77M |
| 2 |
Morgan Stanley
New York
|
-$861K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$306K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$306K |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
26
Doliver Advisors
Houston,
Texas
| – | -$146K | -10,564 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -688 | Closed |
|
|
TWA
28
TCI Wealth Advisors
Tucson,
Arizona
| – | -$9K | -625 | Closed |
|
|
HCMT
29
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$2K | -124 | Closed |
|
FDI Hedge Fund Activity: Q3 2015 in Review
22 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in FORT DEARBORN INCOME SECS (FDI) for Q3 2015, worth a combined $50M — up 2.5% from $48.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FDI and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Icon Advisers, adding an estimated $1.66M. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $1.77M sold.
- 22 institutional investors held FORT DEARBORN INCOME SECS (FDI) as of Q3 2015, down from 26 in Q2 2015.
- Funds reported $50M of FORT DEARBORN INCOME SECS stock for Q3 2015, up 2.5% quarter-over-quarter.
- 3 funds opened new FORT DEARBORN INCOME SECS positions in Q3 2015 and 7 closed out, a net change of -4 holders.
- The largest FORT DEARBORN INCOME SECS buyer in Q3 2015 was Icon Advisers, an estimated $1.66M added.
- The largest FORT DEARBORN INCOME SECS seller in Q3 2015 was Financial & Investment Management Group, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2015.