FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST
FTT
FTT was delisted on the 20th of October, 2015.
26 hedge funds and large institutions have $55.4M invested in FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.
11% more capital invested
Capital invested by funds: $50M → $55.4M (+$5.44M)
13% less funds holding
Funds holding: 30 → 26 (-4)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.53M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.79M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.07M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$700K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.22M |
| 2 |
Morgan Stanley
New York
|
-$607K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$581K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$459K |
| 5 |
VAM
Visium Asset Management
New York
|
-$459K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | +$3.19K | +247 | New |
|
|
IA
27
Icon Advisers
Greenwood Village,
Colorado
| – | -$1.22M | -94,912 | Closed |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$333K | -25,862 | Closed |
|
|
ST
29
Sentinel Trust
Houston,
Texas
| – | -$283K | -22,000 | Closed |
|
|
BI
30
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$153K | -11,925 | Closed |
|
|
BRWA
31
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$71K | -5,517 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$7K | -600 | Closed |
|
FTT Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST (FTT) for Q4 2013, worth a combined $55.4M — up 11% from $50M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTT and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.53M. The largest seller was Icon Advisers, exiting entirely with an estimated $1.22M sold.
- 26 institutional investors held FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST (FTT) as of Q4 2013, down from 30 in Q3 2013.
- Funds reported $55.4M of FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST stock for Q4 2013, up 11% quarter-over-quarter.
- 4 funds opened new FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST positions in Q4 2013 and 6 closed out, a net change of -2 holders.
- The largest FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST buyer in Q4 2013 was Sit Investment Associates, an estimated $4.53M added.
- The largest FEDERATED ENHANCED TREAS INCM FD COM BEN INTEREST seller in Q4 2013 was Icon Advisers, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2013.