First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
35 hedge funds and large institutions have $16.1M invested in First Trust/abrdn Global Opportunity Income Fund in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
9% more funds holding
Funds holding: 32 → 35 (+3)
16% less capital invested
Capital invested by funds: $19.2M → $16.1M (-$3.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$469K |
| 2 |
LPL Financial
San Diego,
California
|
+$307K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$196K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$179K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$228K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$210K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$168K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$106K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$59.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| $99K | +$112K | +13,304 | New |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| $92K | +$104K | +12,326 | New |
|
|
CA
28
CoreCap Advisors
Southfield,
Michigan
| $83K | +$22.9K | +2,725 | +32% |
|
|
NGA
29
Naples Global Advisors
Naples,
Florida
| $80K | -$5.89K | -700 | -6% |
|
|
RA
30
Rise Advisors
Rochester,
New York
| $16K | +$437 | +52 | +2% |
|
31
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| $3.73K | – | – | – |
|
|
AWM
33
Avior Wealth Management
Omaha,
Nebraska
| $2K | +$50 | +6 | +2% |
|
|
SA
34
SFI Advisors
Montclair,
New Jersey
| $179 | – | – | – |
|
|
CFGS
35
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$228K | -27,136 | Closed |
|
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$168K | -17,446 | Closed |
|
37
Fidelity Investments
Boston,
Massachusetts
| – | +$8 | +1 | New |
|
FAM Hedge Fund Activity: Q1 2022 in Review
35 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q1 2022, worth a combined $16.1M — down 16% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAM positions and 2 closed out — a net gain of 4 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $469K. The largest seller was Concourse Financial Group Securities, exiting entirely with an estimated $228K sold.
- 35 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q1 2022, up from 32 in Q4 2021.
- Funds reported $16.1M of First Trust/abrdn Global Opportunity Income Fund stock for Q1 2022, down 16% quarter-over-quarter.
- 6 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q1 2022 and 2 closed out, a net change of +4 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q1 2022 was Fiera Capital (Canada), an estimated $469K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q1 2022 was Concourse Financial Group Securities, an estimated $228K sold.
Based on aggregated 13F filings for Q1 2022.