First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
36 hedge funds and large institutions have $42.1M invested in First Trust/abrdn Global Opportunity Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 9 closing their positions.
3% less capital invested
Capital invested by funds: $43.5M → $42.1M (-$1.42M)
3% less funds holding
Funds holding: 37 → 36 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$735K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$673K |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$544K |
| 4 |
Morgan Stanley
New York
|
+$520K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
-$2.27M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$672K |
| 3 |
SG Americas Securities
New York
|
-$494K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$414K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$412K |
FAM Hedge Fund Activity: Q1 2015 in Review
36 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q1 2015, worth a combined $42.1M — down 3.3% from $43.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAM and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 9 added.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $735K. The largest seller was Baird, cutting an estimated $2.27M.
- 36 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q1 2015, down from 37 in Q4 2014.
- Funds reported $42.1M of First Trust/abrdn Global Opportunity Income Fund stock for Q1 2015, down 3.3% quarter-over-quarter.
- 8 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q1 2015 and 9 closed out, a net change of -1 holder.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q1 2015 was United Capital Financial Advisors, an estimated $735K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q1 2015 was Baird, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2015.