First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
49 hedge funds and large institutions have $62.2M invested in First Trust/abrdn Global Opportunity Income Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
46% more capital invested
Capital invested by funds: $42.5M → $62.2M (+$19.7M)
23% more funds holding
Funds holding: 40 → 49 (+9)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.7M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.06M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.46M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.18M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$616K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$446K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$445K |
| 5 |
Morgan Stanley
New York
|
-$406K |
FAM Hedge Fund Activity: Q4 2015 in Review
49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2015, worth a combined $62.2M — up 46% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FAM positions and 5 closed out — a net gain of 9 holders — while 9 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $11.7M. The largest seller was Guggenheim Capital, cutting an estimated $1.18M.
- 49 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2015, up from 40 in Q3 2015.
- Funds reported $62.2M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2015, up 46% quarter-over-quarter.
- 14 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2015 and 5 closed out, a net change of +9 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2015 was Karpus Investment Management, an estimated $11.7M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2015 was Guggenheim Capital, an estimated $1.18M sold.
Based on aggregated 13F filings for Q4 2015.