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FAM

First Trust/abrdn Global Opportunity Income Fund
FAM

Delisted

FAM was delisted on the 20th of September, 2024.

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32 hedge funds and large institutions have $45.9M invested in First Trust/abrdn Global Opportunity Income Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $42.6M → $45.9M (+$3.31M)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

9% less funds holding

Funds holding: 35 → 32 (-3)

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
32
Holders Change
-3
Holders Change %
-8.57%
% of All Funds
0.92%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
10
Reduced
10
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$657K
2
B
Baird
Wisconsin
+$612K
3
GC
Guggenheim Capital
Illinois
+$591K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$515K
5
KFS
KMS Financial Services
Washington
+$417K

Top Sellers

Rank Fund Capital Flow
1
SFS
Shaker Financial Services
Virginia
-$623K
2
SCM
Saba Capital Management
New York
-$530K
3
PPA
Parametric Portfolio Associates
Washington
-$307K
4
Citigroup
Citigroup
New York
-$277K
5
Wells Fargo
Wells Fargo
California
-$179K
Name Holding Trade Value Shares
Change 		Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$123K -$65K -4,550 -35%
AAM
27
Advisors Asset Management
Colorado
$102K -$57.8K -4,046 -37%
CFN
28
Cordasco Financial Network
Florida
$62K – – –
MFS
29
MSI Financial Services
Massachusetts
$33K – – –
Fifth Third Bancorp
30
Fifth Third Bancorp
Ohio
$4K – – –
NFG
31
Next Financial Group
Texas
$1K +$1.43K +100 New
SCM
32
Saba Capital Management
New York
– -$530K -38,000 Closed
PPA
33
Parametric Portfolio Associates
Washington
– -$307K -21,999 Closed
Citigroup
34
Citigroup
New York
– -$277K -19,921 Closed
WAM
35
Wolverine Asset Management
Illinois
– -$166K -11,971 Closed
BPBT
36
Boston Private Bank & Trust
Massachusetts
– -$119K -8,500 Closed
Creative Planning
37
Creative Planning
Kansas
– -$63K -4,550 Closed
TFMS
38
Trust & Fiduciary Management Services
Massachusetts
– -$28K -2,000 Closed
WA
39
WFG Advisors
Texas
– -$3K -188 Closed
Barclays
40
Barclays
United Kingdom
– +$414 +29 New
1
2

FAM Hedge Fund Activity: Q2 2014 in Review

32 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2014, worth a combined $45.9M — up 7.8% from $42.6M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FAM and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 10 added.

The largest buyer was Morgan Stanley, adding an estimated $657K. The largest seller was Shaker Financial Services, cutting an estimated $623K.

  • 32 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2014, down from 35 in Q1 2014.
  • Funds reported $45.9M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2014, up 7.8% quarter-over-quarter.
  • 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2014 and 8 closed out, a net change of -3 holders.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2014 was Morgan Stanley, an estimated $657K added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2014 was Shaker Financial Services, an estimated $623K sold.

Based on aggregated 13F filings for Q2 2014.