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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

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

39 hedge funds and large institutions have $48.9M invested in First Trust/abrdn Global Opportunity Income Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

3% less capital invested

Capital invested by funds: $50.5M → $48.9M (-$1.68M)

3% less funds holding

Funds holding: 4039 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CL
26
CSS LLC
Illinois
$193K
DWM
27
Dakota Wealth Management
Florida
$182K +$186K +18,984 New
BRWA
28
B. Riley Wealth Advisors
Florida
$162K +$165K +16,815 New
NL
29
NWAM LLC
Washington
$157K -$10K -1,021 -6%
SCM
30
Saba Capital Management
New York
$155K
HPC
31
HM Payson & Co
Maine
$144K
6M
32
6 Meridian
Kansas
$134K -$17.2K -1,749 -11%
HighTower Advisors
33
HighTower Advisors
Illinois
$129K +$132K +13,441 New
Fiera Capital (Canada)
34
Fiera Capital (Canada)
Quebec, Canada
$107K +$109K +11,121 New
IA
35
IFP Advisors
Florida
$36K
AIM
36
Advantage Investment Management
Iowa
$19K
Citigroup
37
Citigroup
New York
$13K +$13.1K +1,339 +7,439%
KL
38
KWMG LLC
Kansas
$11K
APA
39
American Portfolios Advisors
New York
$4.8K
DA
40
Doliver Advisors
Texas
-$380K -37,892 Closed
RJFSA
41
Raymond James Financial Services Advisors
Florida
-$103K -10,225 Closed
WS
42
Wedbush Securities
California
-$100K -10,014 Closed
TJHA
43
Thomas J. Herzfeld Advisors
Florida
-$21K -2,100 Closed
MGIA
44
Moneta Group Investment Advisors
Missouri
-$20K -2,000 Closed
CF
45
Centaurus Financial
California
-$4K -426 Closed
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
-$3K -300 Closed

FAM Hedge Fund Activity: Q3 2018 in Review

39 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q3 2018, worth a combined $48.9M — down 3.3% from $50.5M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FAM and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 13 added.

The largest buyer was Bulldog Investors, opening a new position worth an estimated $7.06M. The largest seller was Sit Investment Associates, cutting an estimated $6.73M.

  • 39 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q3 2018, down from 40 in Q2 2018.
  • Funds reported $48.9M of First Trust/abrdn Global Opportunity Income Fund stock for Q3 2018, down 3.3% quarter-over-quarter.
  • 7 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q3 2018 and 8 closed out, a net change of -1 holder.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q3 2018 was Bulldog Investors, an estimated $7.06M added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q3 2018 was Sit Investment Associates, an estimated $6.73M sold.

Based on aggregated 13F filings for Q3 2018.