First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
40 hedge funds and large institutions have $50.5M invested in First Trust/abrdn Global Opportunity Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
82% more capital inflows, than outflows
Capital inflows: $12.5M | Capital outflows: $6.84M
5% more funds holding
Funds holding: 38 → 40 (+2)
4% more ownership
Funds ownership: 34.76% → 38.76% (+4%)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Oxbow Advisors
Austin,
Texas
|
+$4.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.41M |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$1.53M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$996K |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.12M |
| 2 |
Morgan Stanley
New York
|
-$726K |
| 3 |
Karpus Investment Management
Pittsford,
New York
|
-$339K |
| 4 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$218K |
| 5 |
Laurion Capital Management
New York
|
-$156K |
FAM Hedge Fund Activity: Q2 2018 in Review
40 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2018, worth a combined $50.5M — down 1.5% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAM positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Oxbow Advisors, opening a new position worth an estimated $4.03M. The largest seller was Sit Investment Associates, cutting an estimated $5.12M.
- 40 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2018, up from 38 in Q1 2018.
- Funds reported $50.5M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2018, down 1.5% quarter-over-quarter.
- 7 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $4.03M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2018 was Sit Investment Associates, an estimated $5.12M sold.
Based on aggregated 13F filings for Q2 2018.