First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
36 hedge funds and large institutions have $54.9M invested in First Trust/abrdn Global Opportunity Income Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
9% more funds holding
Funds holding: 33 → 36 (+3)
0% less capital invested
Capital invested by funds: $54.9M → $54.9M (-$33.2K)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$3.31M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.99M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$425K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$341K |
| 5 |
Morgan Stanley
New York
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.76M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$980K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$972K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$922K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$514K |
FAM Hedge Fund Activity: Q4 2017 in Review
36 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2017, worth a combined $54.9M — down 0.06% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAM positions and 2 closed out — a net gain of 3 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Oxbow Advisors, adding an estimated $3.31M. The largest seller was Karpus Investment Management, cutting an estimated $2.76M.
- 36 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2017, up from 33 in Q3 2017.
- Funds reported $54.9M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2017, down 0.06% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2017 was Oxbow Advisors, an estimated $3.31M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2017 was Karpus Investment Management, an estimated $2.76M sold.
Based on aggregated 13F filings for Q4 2017.