abrdn Global Premier Properties Fund
AWP
74 hedge funds and large institutions have $126M invested in abrdn Global Premier Properties Fund in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
7% more funds holding
Funds holding: 69 → 74 (+5)
0.8% less ownership
Funds ownership: 9.63% → 8.83% (-0.8%)
8% less capital invested
Capital invested by funds: $136M → $126M (-$10.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.31M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$961K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$958K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$12.2M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.69M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.49M |
| 4 |
Morgan Stanley
New York
|
-$1.21M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
76
Shaker Financial Services
Arlington,
Virginia
| – | -$554K | -33,615 | Closed |
|
|
FTI
77
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$180K | -10,957 | Closed |
|
|
CCP
78
Cardan Capital Partners
Denver,
Colorado
| – | -$108K | -6,533 | Closed |
|
79
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -703 | Closed |
|
|
AIM
80
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$4K | -267 | Closed |
|
AWP Hedge Fund Activity: Q3 2016 in Review
74 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Premier Properties Fund (AWP) for Q3 2016, worth a combined $126M — down 7.8% from $136M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AWP positions and 7 closed out — a net gain of 6 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.31M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $12.2M sold.
- 74 institutional investors held abrdn Global Premier Properties Fund (AWP) as of Q3 2016, up from 69 in Q2 2016.
- Funds reported $126M of abrdn Global Premier Properties Fund stock for Q3 2016, down 7.8% quarter-over-quarter.
- 13 funds opened new abrdn Global Premier Properties Fund positions in Q3 2016 and 7 closed out, a net change of +6 holders.
- The largest abrdn Global Premier Properties Fund buyer in Q3 2016 was Rivernorth Capital Management, an estimated $4.31M added.
- The largest abrdn Global Premier Properties Fund seller in Q3 2016 was McGowan Group Asset Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2016.