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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

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

38 hedge funds and large institutions have $45.8M invested in First Trust/abrdn Global Opportunity Income Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

19% more funds holding

Funds holding: 3238 (+6)

3% less capital invested

Capital invested by funds: $47M → $45.8M (-$1.22M)

27% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 15

Holders
38
Holders Change
+6
Holders Change %
+18.75%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
11
Reduced
15
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$6.94M -$1.04M -73,547 -13%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$5.54M +$621K +43,759 +12%
Invesco
3
Invesco
Georgia
$5.42M -$424K -29,890 -7%
Morgan Stanley
4
Morgan Stanley
New York
$5.05M -$1.47M -103,890 -22%
B
5
Baird
Wisconsin
$5M +$1.01M +71,104 +25%
Wells Fargo
6
Wells Fargo
California
$2.68M -$1.73M -122,161 -39%
TFMS
7
Trust & Fiduciary Management Services
Massachusetts
$2.47M +$138K +9,742 +6%
Cohen & Steers
8
Cohen & Steers
New York
$1.88M +$38.5K +2,715 +2%
CIA
9
Capital Investment Advisors
Georgia
$1.67M +$1.68M +118,671 New
SCM
10
Saba Capital Management
New York
$1.26M +$900K +63,459 +239%
HK
11
Horizon Kinetics
New York
$1.08M -$216K -15,206 -16%
U
12
UBS
Switzerland
$638K -$89.9K -6,338 -12%
AQR Capital Management
13
AQR Capital Management
Connecticut
$632K +$320K +22,548 +100%
AAM
14
Advisors Asset Management
Colorado
$623K -$85.6K -6,035 -12%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$557K -$197K -13,879 -26%
LPL Financial
16
LPL Financial
California
$510K -$5.49K -387 -1%
PP
17
Paloma Partners
Connecticut
$325K +$328K +23,124 New
VKH
18
Virtu KCG Holdings
New York
$302K +$305K +21,485 New
PPA
19
Parametric Portfolio Associates
Washington
$293K +$296K +20,885 New
AIG
20
American International Group
New York
$284K -$19.8K -1,399 -6%
Barclays
21
Barclays
United Kingdom
$276K +$143K +10,053 +104%
SG Americas Securities
22
SG Americas Securities
New York
$266K +$269K +18,946 New
Goldman Sachs
23
Goldman Sachs
New York
$258K +$6.4K +451 +3%
PAG
24
Private Advisor Group
New Jersey
$255K +$261K +18,382 New
WEC
25
Winslow Evans & Crocker
Massachusetts
$252K +$254K +17,925 New

FAM Hedge Fund Activity: Q4 2013 in Review

38 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2013, worth a combined $45.8M — down 2.6% from $47M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FAM positions and 5 closed out — a net gain of 6 holders — while 11 added to existing stakes and 15 trimmed.

The largest buyer was Baird, adding an estimated $1.01M. The largest seller was Wells Fargo, cutting an estimated $1.73M.

  • 38 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2013, up from 32 in Q3 2013.
  • Funds reported $45.8M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2013, down 2.6% quarter-over-quarter.
  • 11 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2013 and 5 closed out, a net change of +6 holders.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2013 was Baird, an estimated $1.01M added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2013 was Wells Fargo, an estimated $1.73M sold.

Based on aggregated 13F filings for Q4 2013.