First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
43 hedge funds and large institutions have $49.6M invested in First Trust/abrdn Global Opportunity Income Fund in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
10% more funds holding
Funds holding: 39 → 43 (+4)
2% more capital invested
Capital invested by funds: $48.9M → $49.6M (+$782K)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.78M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.7M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$6.04M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.66M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$701K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$310K |
| 5 |
HPC
HM Payson & Co
Portland,
Maine
|
-$144K |
FAM Hedge Fund Activity: Q4 2018 in Review
43 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2018, worth a combined $49.6M — up 1.6% from $48.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAM positions and 4 closed out — a net gain of 4 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.78M. The largest seller was Bulldog Investors, cutting an estimated $6.04M.
- 43 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2018, up from 39 in Q3 2018.
- Funds reported $49.6M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2018, up 1.6% quarter-over-quarter.
- 8 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2018 and 4 closed out, a net change of +4 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $2.78M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2018 was Bulldog Investors, an estimated $6.04M sold.
Based on aggregated 13F filings for Q4 2018.