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ACP

abrdn Income Credit Strategies Fund
ACP

127 hedge funds and large institutions have $196M invested in abrdn Income Credit Strategies Fund in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

44% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 32

7% more funds holding

Funds holding: 119 → 127 (+8)

2.53% more ownership

Funds ownership: 23.64% → 26.17% (+2.5%)

0% less capital invested

Capital invested by funds: $196M → $196M (-$198K)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
127
Holders Change
+8
Holders Change %
+6.72%
% of All Funds
1.67%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
23
Increased
46
Reduced
32
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$7.13M
2
AIA
Absolute Investment Advisers
Florida
+$6.15M
3
GC
Guggenheim Capital
Illinois
+$2.77M
4
RCM
Rivernorth Capital Management
Florida
+$2.7M
5
QL
Quarry LP
New York
+$2.5M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$5.79M
2
Bank of America
Bank of America
North Carolina
-$2.08M
3
Wells Fargo
Wells Fargo
California
-$2.04M
4
SFS
Shaker Financial Services
Virginia
-$1.64M
5
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$1.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
WS
51
Wedbush Securities
California
$302K +$27.3K +4,277 +9%
WAM
52
Worth Asset Management
Texas
$275K -$422K -65,961 -59%
HNWAG
53
High Net Worth Advisory Group
Florida
$264K -$122K -19,052 -30%
WT
54
Whittier Trust
California
$244K – – –
MWM
55
Modern Wealth Management
Kansas
$225K +$241K +37,762 New
CL
56
Choreo LLC
Illinois
$221K -$26.5K -4,150 -10%
MWM
57
Melfa Wealth Management
Massachusetts
$219K – – –
CIA
58
Concurrent Investment Advisors
Florida
$215K -$41.6K -6,500 -15%
National Bank of Canada
59
National Bank of Canada
Quebec, Canada
$211K +$111K +17,291 +96%
WAM
60
Wolverine Asset Management
Illinois
$204K +$219K +34,197 New
KPWS
61
Kestra Private Wealth Services
Texas
$189K +$39.7K +6,208 +24%
KAS
62
Kestra Advisory Services
Texas
$187K +$106K +16,643 +114%
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
$186K +$121K +18,868 +154%
AC
64
Almitas Capital
California
$185K +$198K +31,000 New
Wealth Enhancement Advisory Services
65
Wealth Enhancement Advisory Services
Minnesota
$185K +$198K +30,972 New
OA
66
Oxbow Advisors
Texas
$165K – – –
Janney Montgomery Scott
67
Janney Montgomery Scott
Pennsylvania
$159K +$29.2K +4,568 +21%
AWM
68
Apollon Wealth Management
South Carolina
$151K +$162K +25,364 New
MC
69
Moors & Cabot
Massachusetts
$149K – – –
Envestnet Asset Management
70
Envestnet Asset Management
Illinois
$140K +$14.1K +2,206 +10%
PAS
71
Park Avenue Securities
New York
$137K -$18K -2,809 -11%
MML Investors Services
72
MML Investors Services
Massachusetts
$136K – – –
SPIA
73
Steward Partners Investment Advisory
New York
$133K – – –
CA
74
CoreCap Advisors
Michigan
$130K -$139K -21,777 -50%
UCI
75
Uncommon Cents Investing
Wisconsin
$125K – – –
1 2
3
4 5

ACP Hedge Fund Activity: Q4 2024 in Review

127 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in abrdn Income Credit Strategies Fund (ACP) for Q4 2024, worth a combined $196M — down 0.1% from $196M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new ACP positions and 12 closed out — a net gain of 11 holders — while 46 added to existing stakes and 32 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $7.13M. The largest seller was Morgan Stanley, cutting an estimated $5.79M.

  • 127 institutional investors held abrdn Income Credit Strategies Fund (ACP) as of Q4 2024, up from 119 in Q3 2024.
  • Funds reported $196M of abrdn Income Credit Strategies Fund stock for Q4 2024, down 0.1% quarter-over-quarter.
  • 23 funds opened new abrdn Income Credit Strategies Fund positions in Q4 2024 and 12 closed out, a net change of +11 holders.
  • The largest abrdn Income Credit Strategies Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $7.13M added.
  • The largest abrdn Income Credit Strategies Fund seller in Q4 2024 was Morgan Stanley, an estimated $5.79M sold.

Based on aggregated 13F filings for Q4 2024.