First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
43 hedge funds and large institutions have $52M invested in First Trust/abrdn Global Opportunity Income Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 5 closing their positions.
5% more capital invested
Capital invested by funds: $49.6M → $52M (+$2.35M)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$802K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$654K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$644K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$422K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.03M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.02M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$449K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$429K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$419K |
FAM Hedge Fund Activity: Q1 2019 in Review
43 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q1 2019, worth a combined $52M — up 4.7% from $49.6M a quarter earlier.
Fund positioning in FAM was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 12 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $802K. The largest seller was Curi RMB Capital, cutting an estimated $1.03M.
- 43 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $52M of First Trust/abrdn Global Opportunity Income Fund stock for Q1 2019, up 4.7% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q1 2019 and 5 closed out, a net change of 0 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q1 2019 was Saba Capital Management, an estimated $802K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q1 2019 was Curi RMB Capital, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2019.