FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST
FTT
FTT was delisted on the 20th of October, 2015.
30 hedge funds and large institutions have $50M invested in FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.
11% more capital invested
Capital invested by funds: $44.9M → $50M (+$5.1M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
9% less funds holding
Funds holding: 33 → 30 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.16M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.09M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.92M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.22M |
| 5 |
ST
Sentinel Trust
Houston,
Texas
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.31M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$196K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$179K |
| 4 |
Morgan Stanley
New York
|
-$133K |
| 5 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $33K | +$23.6K | +1,842 | +263% |
|
27
Citigroup
New York
| $33K | +$28.1K | +2,195 | +582% |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7K | +$7.69K | +600 | New |
|
29
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.31M | -100,353 | Closed |
|
31
VanEck Associates
New York
| – | -$115K | -8,837 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$42K | -3,274 | Closed |
|
|
U
33
UBS
Zurich,
Switzerland
| – | -$28.3K | -2,210 | -100% |
|
|
CW
34
Cobiz Wealth
Denver,
Colorado
| – | -$1K | -100 | Closed |
|
|
NMLIC
35
Northwestern Mutual Life Insurance Company
Milwaukee,
Wisconsin
| – | -$1K | -52 | Closed |
|
FTT Hedge Fund Activity: Q3 2013 in Review
30 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST (FTT) for Q3 2013, worth a combined $50M — up 11% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FTT and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.16M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.31M sold.
- 30 institutional investors held FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST (FTT) as of Q3 2013, down from 33 in Q2 2013.
- Funds reported $50M of FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST stock for Q3 2013, up 11% quarter-over-quarter.
- 3 funds opened new FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST positions in Q3 2013 and 5 closed out, a net change of -2 holders.
- The largest FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST buyer in Q3 2013 was Karpus Investment Management, an estimated $2.16M added.
- The largest FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST seller in Q3 2013 was Susquehanna International Group, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2013.