First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
38 hedge funds and large institutions have $51.3M invested in First Trust/abrdn Global Opportunity Income Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 36 → 38 (+2)
7% less capital invested
Capital invested by funds: $54.9M → $51.3M (-$3.62M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$853K |
| 3 |
Morgan Stanley
New York
|
+$546K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$461K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$4.45M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$764K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$760K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$289K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$255K |
FAM Hedge Fund Activity: Q1 2018 in Review
38 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q1 2018, worth a combined $51.3M — down 6.6% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAM positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Invesco, adding an estimated $1.17M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $4.45M sold.
- 38 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q1 2018, up from 36 in Q4 2017.
- Funds reported $51.3M of First Trust/abrdn Global Opportunity Income Fund stock for Q1 2018, down 6.6% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q1 2018 and 3 closed out, a net change of +2 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q1 2018 was Invesco, an estimated $1.17M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q1 2018 was Oxbow Advisors, an estimated $4.45M sold.
Based on aggregated 13F filings for Q1 2018.