First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
42 hedge funds and large institutions have $42.2M invested in First Trust/abrdn Global Opportunity Income Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
17% more funds holding
Funds holding: 36 → 42 (+6)
0% more capital invested
Capital invested by funds: $42.1M → $42.2M (+$149K)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.75M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.54M |
| 3 |
Morgan Stanley
New York
|
+$1.41M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$618K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$656K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$567K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$439K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$223K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$143K |
FAM Hedge Fund Activity: Q2 2015 in Review
42 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2015, worth a combined $42.2M — up 0.35% from $42.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAM positions and 1 closed out — a net gain of 7 holders — while 11 added to existing stakes and 18 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $2.75M. The largest seller was Shaker Financial Services, cutting an estimated $656K.
- 42 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2015, up from 36 in Q1 2015.
- Funds reported $42.2M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2015, up 0.35% quarter-over-quarter.
- 8 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2015 and 1 closed out, a net change of +7 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2015 was 1607 Capital Partners, an estimated $2.75M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2015 was Shaker Financial Services, an estimated $656K sold.
Based on aggregated 13F filings for Q2 2015.