First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
32 hedge funds and large institutions have $45.9M invested in First Trust/abrdn Global Opportunity Income Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 8 closing their positions.
8% more capital invested
Capital invested by funds: $42.6M → $45.9M (+$3.31M)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
9% less funds holding
Funds holding: 35 → 32 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$657K |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
+$612K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$591K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$515K |
| 5 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$623K |
| 2 |
SCM
Saba Capital Management
New York
|
-$530K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$307K |
| 4 |
Citigroup
New York
|
-$277K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$179K |
FAM Hedge Fund Activity: Q2 2014 in Review
32 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2014, worth a combined $45.9M — up 7.8% from $42.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FAM and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $657K. The largest seller was Shaker Financial Services, cutting an estimated $623K.
- 32 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2014, down from 35 in Q1 2014.
- Funds reported $45.9M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2014, up 7.8% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2014 was Morgan Stanley, an estimated $657K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2014 was Shaker Financial Services, an estimated $623K sold.
Based on aggregated 13F filings for Q2 2014.