We are live on
!
Find out more
AIA
Absolute Investment Advisers Portfolio holdings
AUM
$1.03B
1-Year Est. Return
1%
This Fund
S&P 500
This Quarter
Est. Return
+0.5%
1 Year Est. Return
-1%
3 Year Est. Return
+0.22%
5 Year Est. Return
+0.2%
10 Year Est. Return
–
AUM
$732M
AUM Growth
+$58.3M
(+8.6%)
Cap. Flow
+$18.1M
Cap. Flow
% of AUM
2.48%
Top 10 Holdings %
Top 10 Hldgs %
22.22%
Holding
146
New
31
Increased
22
Reduced
24
Closed
25
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MUI
BlackRock Municipal Income Fund, Inc.
MUI
|
+$6.23M |
| 2 |
HIE
Miller/Howard High Income Equity Fund
HIE
|
+$6.1M |
| 3 |
GGT
Gabelli Multimedia Trust
GGT
|
+$4.52M |
| 4 |
ACP
abrdn Income Credit Strategies Fund
ACP
|
+$4.29M |
| 5 |
FMN
Federated Hermes Premier Municipal Income Fund
FMN
|
+$2.43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
|
+$10.2M |
| 2 |
Nuveen Multi-Asset Income Fund
NMAI
|
+$3.71M |
| 3 |
BlackRock Capital Allocation Term Trust
BCAT
|
+$3.09M |
| 4 |
EIM
Eaton Vance Municipal Bond Fund
EIM
|
+$2.08M |
| 5 |
FAM
First Trust/abrdn Global Opportunity Income Fund
FAM
|
+$1.64M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 0.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HIX
51
Western Asset High Income Fund II
HIX
$355M
| – | – |
-288,684
| Closed | -$1.26M |
|
|
IDE
52
Voya Infrastructure, Industrials and Materials Fund
IDE
$198M
| – | – |
-82,600
| Closed | -$845K |
|
|
NHS
53
Neuberger High Yield Strategies Fund Inc
NHS
$255M
| – | – |
-24,514
| Closed | -$192K |
|
|
54
Nuveen Multi-Asset Income Fund
NMAI
$485M
| – | – |
-300,602
| Closed | -$3.71M |
|
55
Nuveen Municipal Credit Opportunities Fund
NMCO
$584M
| – | – |
-18,300
| Closed | -$202K |
|
|
PHD
56
DELISTED
Pioneer Floating Rate Fund
PHD
| – | – |
-12,115
| Closed | -$117K |
|
|
RFMZ
57
RiverNorth Flexible Municipal Income Fund II
RFMZ
$322M
| – | – |
-51,884
| Closed | -$734K |
|
|
RIV
58
RiverNorth Opportunities Fund
RIV
$317M
| – | – |
-124,506
| Closed | -$1.53M |
|
|
STEW
59
SRH Total Return Fund
STEW
$1.81B
| – | – |
-23,500
| Closed | -$342K |
|
|
FAM
60
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| – | – |
-258,021
| Closed | -$1.64M |
|
|
FSD
61
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| – | – |
-824,943
| Closed | -$10.2M |
|
Similar funds
CM
CFFNO
TBA
MSIIA
OPFM
JSC
RC
SM
Absolute Investment Advisers's Q3 2024 Portfolio in Review
As of Q3 2024, Absolute Investment Advisers held 146 positions worth $732M, up 8.6% from $674M the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Absolute Investment Advisers's Q3 2024 filing shows 31 new, 22 increased, 24 reduced and 25 closed positions. Its largest new stake was BlackRock Municipal Income Fund, Inc.: 502,500 shares worth $6.32M. The largest sale was FIRST TRUST HIGH INCOME LONG/SHORT FUND, an estimated $10.2M.
By sector, the portfolio is most concentrated in Financials at 0.15% of assets, up from 0.12% a quarter earlier.
- Absolute Investment Advisers's largest Q3 2024 buy was BlackRock Municipal Income Fund, Inc.: 502,500 shares worth $6.32M.
- Absolute Investment Advisers added most to Virtus Total Return Fund in Q3 2024, an estimated $986K increase.
- Absolute Investment Advisers's biggest Q3 2024 reduction was BlackRock Technology and Private Equity Term Trust, cutting an estimated $588K.
- Absolute Investment Advisers fully exited FIRST TRUST HIGH INCOME LONG/SHORT FUND in Q3 2024, selling an estimated $10.2M.
- Absolute Investment Advisers's ten largest holdings make up 22% of its $732M portfolio in Q3 2024.
- Absolute Investment Advisers opened 31 new positions and closed 25 in Q3 2024.
- Absolute Investment Advisers's portfolio value rose 8.6% quarter-over-quarter to $732M.
Based on Absolute Investment Advisers's 13F filing for Q3 2024, filed 24 Oct 2024.