abrdn Income Credit Strategies Fund
ACP
114 hedge funds and large institutions have $169M invested in abrdn Income Credit Strategies Fund in 2026 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 21 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
4% less capital invested
Capital invested by funds: $176M → $169M (-$6.8M)
1.56% less ownership
Funds ownership: 27.41% → 25.85% (-1.6%)
10% less funds holding
Funds holding: 127 → 114 (-13)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.81M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$732K |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$720K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$609K |
| 5 |
LA
LM Advisors
San Diego,
California
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$5.28M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.46M |
| 3 |
QL
Quarry LP
New York
|
-$2.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.19M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.02M |
ACP Hedge Fund Activity: Q2 2026 in Review
114 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in abrdn Income Credit Strategies Fund (ACP) for Q2 2026, worth a combined $169M — down 3.9% from $176M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ACP and 12 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 44 added.
The largest buyer was Morgan Stanley, adding an estimated $3.81M. The largest seller was Absolute Investment Advisers, exiting entirely with an estimated $5.28M sold.
- 114 institutional investors held abrdn Income Credit Strategies Fund (ACP) as of Q2 2026, down from 127 in Q1 2026.
- Funds reported $169M of abrdn Income Credit Strategies Fund stock for Q2 2026, down 3.9% quarter-over-quarter.
- 12 funds opened new abrdn Income Credit Strategies Fund positions in Q2 2026 and 21 closed out, a net change of -9 holders.
- The largest abrdn Income Credit Strategies Fund buyer in Q2 2026 was Morgan Stanley, an estimated $3.81M added.
- The largest abrdn Income Credit Strategies Fund seller in Q2 2026 was Absolute Investment Advisers, an estimated $5.28M sold.
Based on aggregated 13F filings for Q2 2026.