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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

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

45 hedge funds and large institutions have $27.8M invested in First Trust/abrdn Global Opportunity Income Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 11

2% less funds holding

Funds holding: 4645 (-1)

25% less capital invested

Capital invested by funds: $36.9M → $27.8M (-$9.12M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
45
Holders Change
-1
Holders Change %
-2.17%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
21
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$159K +$8.06K +799 +5%
HH
27
Hilltop Holdings
Texas
$155K -$15.1K -1,500 -9%
ASN
28
Advisory Services Network
Georgia
$147K +$19.4K +1,919 +15%
SWM
29
SeaCrest Wealth Management
New York
$145K +$143K +14,193 New
NGA
30
Naples Global Advisors
Florida
$135K
SPIA
31
Steward Partners Investment Advisory
New York
$131K +$82K +8,132 +173%
CAS
32
Cascadia Advisory Services
Oregon
$124K
RFN
33
RDA Financial Network
Iowa
$122K
MA
34
MONECO Advisors
Connecticut
$122K +$151 +15 +0.1%
Cambridge Investment Research Advisors
35
Cambridge Investment Research Advisors
Iowa
$115K -$48K -4,762 -30%
CWC
36
Carolinas Wealth Consulting
North Carolina
$67K
FIA
37
FNY Investment Advisers
New York
$40K +$40.3K +4,000 New
WP
38
WealthShield Partners
North Carolina
$38K
HI
39
Harbour Investments
Wisconsin
$29K
US Bancorp
40
US Bancorp
Minnesota
$7K
APA
41
American Portfolios Advisors
New York
$5.12K
PB
42
Pinnacle Bancorp
Nebraska
$3K -$4.06K -403 -57%
AWM
43
Avior Wealth Management
Nebraska
$2K +$50 +5 +2%
Northern Trust
44
Northern Trust
Illinois
$2K +$174K +17,215 New
Cohen & Steers
45
Cohen & Steers
New York
-$436K -43,500 Closed
DWM
46
Dakota Wealth Management
Florida
-$210K -20,910 Closed
SFS
47
Sowell Financial Services
Arkansas
-$85K -8,397 Closed
AIC
48
Ameritas Investment Company
Nebraska
-$25.1K -2,500 Closed

FAM Hedge Fund Activity: Q2 2021 in Review

45 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2021, worth a combined $27.8M — down 25% from $36.9M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of FAM and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 21 added.

The largest buyer was Shaker Financial Services, adding an estimated $1.32M. The largest seller was Karpus Investment Management, cutting an estimated $11.7M.

  • 45 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2021, down from 46 in Q1 2021.
  • Funds reported $27.8M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2021, down 25% quarter-over-quarter.
  • 3 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2021 and 4 closed out, a net change of -1 holder.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2021 was Shaker Financial Services, an estimated $1.32M added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $11.7M sold.

Based on aggregated 13F filings for Q2 2021.