Apollo Tactical Income Fund Inc.
AIF
AIF was delisted on the 19th of July, 2024.
49 hedge funds and large institutions have $67.8M invested in Apollo Tactical Income Fund Inc. in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 13 closing their positions.
5% less capital invested
Capital invested by funds: $71M → $67.8M (-$3.26M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
4% less funds holding
Funds holding: 51 → 49 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$522K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$383K |
| 3 |
CBB
Citizens Business Bank
Ontario,
California
|
+$361K |
| 4 |
CMS
Capital Market Strategies
Palm Beach Gardens,
Florida
|
+$303K |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$8.64M |
| 2 |
Morgan Stanley
New York
|
-$4.24M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.49M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.05M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$784K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
51
City of London Investment Management
London,
United Kingdom
| – | -$1.49M | -111,376 | Closed |
|
|
52
First Trust Advisors
Wheaton,
Illinois
| – | -$1.05M | -78,178 | Closed |
|
53
Cohen & Steers
New York
| – | -$592K | -44,290 | Closed |
|
|
CA
54
CoreCap Advisors
Southfield,
Michigan
| – | -$245K | -18,300 | Closed |
|
|
CCP
55
Clough Capital Partners
Boston,
Massachusetts
| – | -$210K | -15,700 | Closed |
|
|
QL
56
Quarry LP
New York
| – | -$210K | -15,700 | Closed |
|
|
CAN
57
Cetera Advisor Networks
El Segundo,
California
| – | -$138K | -10,341 | Closed |
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$135K | -10,100 | Closed |
|
|
SIA
59
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$73K | -5,436 | Closed |
|
60
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$10.7K | -800 | Closed |
|
|
CCP
61
Carmel Capital Partners
San Diego,
California
| – | -$4.01K | -300 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | -$27 | -2 | Closed |
|
AIF Hedge Fund Activity: Q4 2023 in Review
49 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Apollo Tactical Income Fund Inc. (AIF) for Q4 2023, worth a combined $67.8M — down 4.6% from $71M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of AIF and 12 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.
The largest buyer was LPL Financial, adding an estimated $522K. The largest seller was Saba Capital Management, exiting entirely with an estimated $8.64M sold.
- 49 institutional investors held Apollo Tactical Income Fund Inc. (AIF) as of Q4 2023, down from 51 in Q3 2023.
- Funds reported $67.8M of Apollo Tactical Income Fund Inc. stock for Q4 2023, down 4.6% quarter-over-quarter.
- 12 funds opened new Apollo Tactical Income Fund Inc. positions in Q4 2023 and 13 closed out, a net change of -1 holder.
- The largest Apollo Tactical Income Fund Inc. buyer in Q4 2023 was LPL Financial, an estimated $522K added.
- The largest Apollo Tactical Income Fund Inc. seller in Q4 2023 was Saba Capital Management, an estimated $8.64M sold.
Based on aggregated 13F filings for Q4 2023.