First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
47 hedge funds and large institutions have $61.4M invested in First Trust/abrdn Global Opportunity Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
2% more funds holding
Funds holding: 46 → 47 (+1)
3% more capital invested
Capital invested by funds: $59.6M → $61.4M (+$1.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$4.45M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.6M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.48M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$140K |
| 5 |
CWC
Carolinas Wealth Consulting
Charlotte,
North Carolina
|
+$65.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.46M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.45M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$335K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$158K |
| 5 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$10 | +1 | New |
|
FAM Hedge Fund Activity: Q3 2020 in Review
47 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q3 2020, worth a combined $61.4M — up 3% from $59.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAM positions and 4 closed out — a net gain of 1 holder — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Shelton Capital Management, opening a new position worth an estimated $4.45M. The largest seller was Sit Investment Associates, cutting an estimated $1.46M.
- 47 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q3 2020, up from 46 in Q2 2020.
- Funds reported $61.4M of First Trust/abrdn Global Opportunity Income Fund stock for Q3 2020, up 3% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q3 2020 and 4 closed out, a net change of +1 holder.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q3 2020 was Shelton Capital Management, an estimated $4.45M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q3 2020 was Sit Investment Associates, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2020.