First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
32 hedge funds and large institutions have $47M invested in First Trust/abrdn Global Opportunity Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
19% more funds holding
Funds holding: 27 → 32 (+5)
14% less capital invested
Capital invested by funds: $54.4M → $47M (-$7.39M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$743K |
| 2 |
SCM
Saba Capital Management
New York
|
+$387K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$327K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$322K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$1.82M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$945K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$707K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPBT
26
Boston Private Bank & Trust
Boston,
Massachusetts
| $128K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $100K | +$33.6K | +2,310 | +51% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $67K | +$5.46K | +375 | +9% |
|
29
Citigroup
New York
| $30K | +$1.46K | +100 | +5% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $17K | +$2.98K | +205 | +21% |
|
|
WA
31
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
32
Nomura Holdings
Tokyo,
Japan
| $3K | +$2.91K | +200 | New |
|
|
RJA
33
Raymond James & Associates
St Petersburg,
Florida
| – | -$945K | -61,223 | Closed |
|
|
FAAS
34
First Allied Advisory Services
San Diego,
California
| – | -$182K | -11,811 | Closed |
|
FAM Hedge Fund Activity: Q3 2013 in Review
32 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q3 2013, worth a combined $47M — down 14% from $54.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAM positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $743K. The largest seller was Morgan Stanley, cutting an estimated $2M.
- 32 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q3 2013, up from 27 in Q2 2013.
- Funds reported $47M of First Trust/abrdn Global Opportunity Income Fund stock for Q3 2013, down 14% quarter-over-quarter.
- 7 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q3 2013 and 2 closed out, a net change of +5 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q3 2013 was Doliver Advisors, an estimated $743K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q3 2013 was Morgan Stanley, an estimated $2M sold.
Based on aggregated 13F filings for Q3 2013.