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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

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

42 hedge funds and large institutions have $87.6M invested in First Trust/abrdn Global Opportunity Income Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

15% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 13

5% more funds holding

Funds holding: 4042 (+2)

1% more capital invested

Capital invested by funds: $86.8M → $87.6M (+$763K)

Holders
42
Holders Change
+2
Holders Change %
+5%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
15
Reduced
13
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$37.5M +$2.22M +199,600 +6%
SIA
2
Sit Investment Associates
Minnesota
$9.3M +$859K +77,103 +10%
BI
3
Bulldog Investors
New Jersey
$8.88M +$300K +26,977 +4%
RCM
4
Rivernorth Capital Management
Florida
$5.66M +$434K +38,972 +8%
Invesco
5
Invesco
Georgia
$3.75M -$213K -19,164 -5%
1CP
6
1607 Capital Partners
Virginia
$2.53M -$130K -11,700 -5%
Morgan Stanley
7
Morgan Stanley
New York
$2.07M -$490K -44,009 -19%
IA
8
Icon Advisers
Colorado
$2M +$2M +179,578 New
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.82M +$5.03K +452 +0.3%
Cohen & Steers
10
Cohen & Steers
New York
$1.8M -$15.1K -1,360 -0.8%
AAM
11
Advisors Asset Management
Colorado
$1.48M +$826K +74,155 +127%
Wells Fargo
12
Wells Fargo
California
$1.23M +$38.6K +3,468 +3%
WS
13
Wedbush Securities
California
$1.17M +$263K +23,626 +29%
OA
14
Oxbow Advisors
Texas
$1.11M +$23.7K +2,130 +2%
CI
15
Cavalier Investments
Georgia
$938K
Bank of America
16
Bank of America
North Carolina
$883K +$7.18K +645 +0.8%
CIA
17
Capital Investment Advisors
Georgia
$848K -$34.3K -3,081 -4%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$656K -$37.9K -3,400 -5%
GC
19
Guggenheim Capital
Illinois
$492K -$349K -31,347 -42%
NL
20
NWAM LLC
Washington
$462K -$22.3K -2,000 -5%
NGA
21
Naples Global Advisors
Florida
$424K +$1.11K +100 +0.3%
SCM
22
Saba Capital Management
New York
$357K
UBS Group
23
UBS Group
Switzerland
$342K +$42K +3,770 +14%
AA
24
AQR Arbitrage
Connecticut
$339K -$177K -15,900 -34%
LPL Financial
25
LPL Financial
California
$254K +$32.7K +2,938 +15%

FAM Hedge Fund Activity: Q4 2016 in Review

42 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2016, worth a combined $87.6M — up 0.88% from $86.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FAM positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 13 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $2.22M. The largest seller was Morgan Stanley, cutting an estimated $490K.

  • 42 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2016, up from 40 in Q3 2016.
  • Funds reported $87.6M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2016, up 0.88% quarter-over-quarter.
  • 7 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2016 and 5 closed out, a net change of +2 holders.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2016 was Karpus Investment Management, an estimated $2.22M added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2016 was Morgan Stanley, an estimated $490K sold.

Based on aggregated 13F filings for Q4 2016.