First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
40 hedge funds and large institutions have $42.5M invested in First Trust/abrdn Global Opportunity Income Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 9 closing their positions.
1% more capital invested
Capital invested by funds: $42.2M → $42.5M (+$286K)
5% less funds holding
Funds holding: 42 → 40 (-2)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.82M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.19M |
| 3 |
Morgan Stanley
New York
|
+$516K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$330K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.19M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1M |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$767K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$542K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$513K |
FAM Hedge Fund Activity: Q3 2015 in Review
40 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q3 2015, worth a combined $42.5M — up 0.68% from $42.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAM and 7 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 12 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $8.82M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.19M sold.
- 40 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q3 2015, down from 42 in Q2 2015.
- Funds reported $42.5M of First Trust/abrdn Global Opportunity Income Fund stock for Q3 2015, up 0.68% quarter-over-quarter.
- 7 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q3 2015 and 9 closed out, a net change of -2 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q3 2015 was Karpus Investment Management, an estimated $8.82M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q3 2015 was Shaker Financial Services, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2015.