abrdn Income Credit Strategies Fund
ACP
125 hedge funds and large institutions have $209M invested in abrdn Income Credit Strategies Fund in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 33 reducing their positions, and 15 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 33
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
8% more capital invested
Capital invested by funds: $193M → $209M (+$15.9M)
2.54% more ownership
Funds ownership: 25.77% → 28.31% (+2.5%)
1% less funds holding
Funds holding: 126 → 125 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$17.5M |
| 2 |
Morgan Stanley
New York
|
+$4.22M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.77M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.61M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.61M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.87M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.49M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.18M |
| 5 |
TI
TrueMark Investments
Chicago,
Illinois
|
-$1.17M |
ACP Hedge Fund Activity: Q1 2025 in Review
125 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in abrdn Income Credit Strategies Fund (ACP) for Q1 2025, worth a combined $209M — up 8.2% from $193M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ACP positions and 15 closed out — a net gain of 2 holders — while 49 added to existing stakes and 33 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $17.5M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.61M.
- 125 institutional investors held abrdn Income Credit Strategies Fund (ACP) as of Q1 2025, down from 126 in Q4 2024.
- Funds reported $209M of abrdn Income Credit Strategies Fund stock for Q1 2025, up 8.2% quarter-over-quarter.
- 17 funds opened new abrdn Income Credit Strategies Fund positions in Q1 2025 and 15 closed out, a net change of +2 holders.
- The largest abrdn Income Credit Strategies Fund buyer in Q1 2025 was Penserra Capital Management, an estimated $17.5M added.
- The largest abrdn Income Credit Strategies Fund seller in Q1 2025 was Rivernorth Capital Management, an estimated $6.61M sold.
Based on aggregated 13F filings for Q1 2025.