abrdn Income Credit Strategies Fund
ACP
32 hedge funds and large institutions have $22.7M invested in abrdn Income Credit Strategies Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
28% more funds holding
Funds holding: 25 → 32 (+7)
0.37% less ownership
Funds ownership: 13.18% → 12.8% (-0.37%)
11% less capital invested
Capital invested by funds: $25.4M → $22.7M (-$2.67M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.51M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.45M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.06M |
| 4 |
BCM
Bluefin Capital Management
New York
|
+$599K |
| 5 |
Morgan Stanley
New York
|
+$580K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.16M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$828K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$491K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$315K |
| 5 |
LFASL
Lugano Financial Advisors SA (LFA)
Lugano,
Switzerland
|
-$119K |
ACP Hedge Fund Activity: Q4 2021 in Review
32 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in abrdn Income Credit Strategies Fund (ACP) for Q4 2021, worth a combined $22.7M — down 11% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ACP positions and 3 closed out — a net gain of 8 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.51M. The largest seller was Sit Investment Associates, cutting an estimated $5.16M.
- 32 institutional investors held abrdn Income Credit Strategies Fund (ACP) as of Q4 2021, up from 25 in Q3 2021.
- Funds reported $22.7M of abrdn Income Credit Strategies Fund stock for Q4 2021, down 11% quarter-over-quarter.
- 11 funds opened new abrdn Income Credit Strategies Fund positions in Q4 2021 and 3 closed out, a net change of +8 holders.
- The largest abrdn Income Credit Strategies Fund buyer in Q4 2021 was Guggenheim Capital, an estimated $1.51M added.
- The largest abrdn Income Credit Strategies Fund seller in Q4 2021 was Sit Investment Associates, an estimated $5.16M sold.
Based on aggregated 13F filings for Q4 2021.