Federated Premier Intermediate M
FPT was delisted on the 17th of November, 2017.
19 hedge funds and large institutions have $14M invested in Federated Premier Intermediate M in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 5 closing their positions.
35% more capital invested
Capital invested by funds: $10.4M → $14M (+$3.61M)
3.75% more ownership
Funds ownership: 11.48% → 15.23% (+3.8%)
14% less funds holding
Funds holding: 22 → 19 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.91M |
| 2 |
LPL Financial
San Diego,
California
|
+$135K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$15.3K |
| 4 |
Citigroup
New York
|
+$8.69K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$5.07K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$607K |
| 2 |
Morgan Stanley
New York
|
-$440K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$417K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$379K |
| 5 |
Goldman Sachs
New York
|
-$227K |
FPT Hedge Fund Activity: Q2 2015 in Review
19 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Federated Premier Intermediate M (FPT) for Q2 2015, worth a combined $14M — up 35% from $10.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FPT and 2 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.91M. The largest seller was Wolverine Asset Management, cutting an estimated $607K.
- 19 institutional investors held Federated Premier Intermediate M (FPT) as of Q2 2015, down from 22 in Q1 2015.
- Funds reported $14M of Federated Premier Intermediate M stock for Q2 2015, up 35% quarter-over-quarter.
- 2 funds opened new Federated Premier Intermediate M positions in Q2 2015 and 5 closed out, a net change of -3 holders.
- The largest Federated Premier Intermediate M buyer in Q2 2015 was Karpus Investment Management, an estimated $5.91M added.
- The largest Federated Premier Intermediate M seller in Q2 2015 was Wolverine Asset Management, an estimated $607K sold.
Based on aggregated 13F filings for Q2 2015.