First Trust/abrdn Global Opportunity Income Fund
FAM
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.
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: 40 → 42 (+2)
1% more capital invested
Capital invested by funds: $86.8M → $87.6M (+$763K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.22M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$859K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$826K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$490K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$349K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$213K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$177K |
| 5 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$148K |
FAM Hedge Fund Activity: Q4 2016 in Review
42 of the 4,008 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.