Federated Premier Intermediate M
FPT was delisted on the 17th of November, 2017.
22 hedge funds and large institutions have $19.2M invested in Federated Premier Intermediate M in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 7 closing their positions.
15% less funds holding
Funds holding: 26 → 22 (-4)
40% less capital invested
Capital invested by funds: $32M → $19.2M (-$12.9M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$4.07M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$253K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$169K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$97.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.6M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.31M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$631K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$597K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$552K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$223K | -16,300 | Closed |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$48K | -3,543 | Closed |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$23K | -1,655 | Closed |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| – | -$9K | -650 | Closed |
|
FPT Hedge Fund Activity: Q3 2017 in Review
22 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Federated Premier Intermediate M (FPT) for Q3 2017, worth a combined $19.2M — down 40% from $32M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FPT and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Icon Advisers, adding an estimated $4.07M. The largest seller was Karpus Investment Management, cutting an estimated $11.6M.
- 22 institutional investors held Federated Premier Intermediate M (FPT) as of Q3 2017, down from 26 in Q2 2017.
- Funds reported $19.2M of Federated Premier Intermediate M stock for Q3 2017, down 40% quarter-over-quarter.
- 3 funds opened new Federated Premier Intermediate M positions in Q3 2017 and 7 closed out, a net change of -4 holders.
- The largest Federated Premier Intermediate M buyer in Q3 2017 was Icon Advisers, an estimated $4.07M added.
- The largest Federated Premier Intermediate M seller in Q3 2017 was Karpus Investment Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2017.