First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
34 hedge funds and large institutions have $13.3M invested in First Trust/abrdn Global Opportunity Income Fund in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 3 closing their positions.
3% less funds holding
Funds holding: 35 → 34 (-1)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
17% less capital invested
Capital invested by funds: $16.1M → $13.3M (-$2.81M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$856K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$285K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$281K |
| 4 |
LPL Financial
San Diego,
California
|
+$87.2K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$29.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$347K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$173K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$133K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$97.4K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| $58K | -$10K | -1,510 | -14% |
|
|
SWM
27
Spire Wealth Management
Mclean,
Virginia
| $54K | -$60.4K | -9,119 | -50% |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $51K | -$35.2K | -5,314 | -39% |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $19K | -$133K | -20,082 | -86% |
|
|
RA
30
Rise Advisors
Rochester,
New York
| $13K | +$398 | +60 | +3% |
|
|
HI
31
Harbour Investments
Madison,
Wisconsin
| $7K | +$7.52K | +1,135 | New |
|
32
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
APA
33
American Portfolios Advisors
Holbrook,
New York
| $3.02K | – | – | – |
|
|
AWM
34
Avior Wealth Management
Omaha,
Nebraska
| $1K | +$53 | +8 | +3% |
|
|
SFS
35
Shaker Financial Services
Arlington,
Virginia
| – | -$92K | -12,326 | Closed |
|
|
NGA
36
Naples Global Advisors
Naples,
Florida
| – | -$80K | -10,745 | Closed |
|
FAM Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2022, worth a combined $13.3M — down 17% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FAM and 2 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.
The largest buyer was Ameriprise, adding an estimated $856K. The largest seller was Guggenheim Capital, cutting an estimated $347K.
- 34 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2022, down from 35 in Q1 2022.
- Funds reported $13.3M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2022, down 17% quarter-over-quarter.
- 2 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2022 and 3 closed out, a net change of -1 holder.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2022 was Ameriprise, an estimated $856K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2022 was Guggenheim Capital, an estimated $347K sold.
Based on aggregated 13F filings for Q2 2022.