abrdn Global Infrastructure Income Fund
ASGI
69 hedge funds and large institutions have $197M invested in abrdn Global Infrastructure Income Fund in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
8% more funds holding
Funds holding: 64 → 69 (+5)
7.75% less ownership
Funds ownership: 51.84% → 44.09% (-7.7%)
16% less capital invested
Capital invested by funds: $234M → $197M (-$37.2M)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.12M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$828K |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$739K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$563K |
| 5 |
EH
Equitable Holdings
New York
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.1M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$5.97M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.53M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.32M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ANBT
76
American National Bank & Trust
Wichita Falls,
Texas
| – | -$377 | -21 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$18 | -1 | Closed |
|
ASGI Hedge Fund Activity: Q1 2024 in Review
69 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Infrastructure Income Fund (ASGI) for Q1 2024, worth a combined $197M — down 16% from $234M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ASGI positions and 8 closed out — a net gain of 5 holders — while 18 added to existing stakes and 25 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6.12M. The largest seller was Morgan Stanley, cutting an estimated $26.1M.
- 69 institutional investors held abrdn Global Infrastructure Income Fund (ASGI) as of Q1 2024, up from 64 in Q4 2023.
- Funds reported $197M of abrdn Global Infrastructure Income Fund stock for Q1 2024, down 16% quarter-over-quarter.
- 13 funds opened new abrdn Global Infrastructure Income Fund positions in Q1 2024 and 8 closed out, a net change of +5 holders.
- The largest abrdn Global Infrastructure Income Fund buyer in Q1 2024 was Saba Capital Management, an estimated $6.12M added.
- The largest abrdn Global Infrastructure Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $26.1M sold.
Based on aggregated 13F filings for Q1 2024.