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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

FAM was delisted on the 20th of September, 2024.

46 hedge funds and large institutions have $36.9M invested in First Trust/abrdn Global Opportunity Income Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

0% more funds holding

Funds holding: 4646 (0)

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

42% less capital invested

Capital invested by funds: $63.5M → $36.9M (-$26.6M)

Holders
46
Holders Change
Holders Change %
0%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
15
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$16.3M -$17.9M -1,738,399 -52%
LPL Financial
2
LPL Financial
California
$3.48M +$491K +47,602 +16%
SIA
3
Sit Investment Associates
Minnesota
$1.66M -$4.92M -477,719 -74%
GC
4
Guggenheim Capital
Illinois
$1.47M +$457K +44,380 +43%
SFS
5
Shaker Financial Services
Virginia
$1.31M -$872K -84,595 -39%
OA
6
Oxbow Advisors
Texas
$1.31M +$854K +82,825 +173%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.24M -$83.2K -8,070 -6%
Osaic Holdings
8
Osaic Holdings
Arizona
$1.09M +$307K +29,785 +38%
UBS Group
9
UBS Group
Switzerland
$1.03M +$8.56K +831 +0.8%
Wells Fargo
10
Wells Fargo
California
$817K -$456K -44,215 -35%
MAFM
11
Mid Atlantic Financial Management
Pennsylvania
$795K +$182K +17,688 +29%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$715K +$625K +60,652 +564%
AAM
13
Advisors Asset Management
Colorado
$612K -$295K -28,619 -32%
OC
14
Oppenheimer & Co
New York
$519K +$253K +24,513 +90%
Cohen & Steers
15
Cohen & Steers
New York
$436K -$361K -35,000 -45%
Ameriprise
16
Ameriprise
Minnesota
$284K +$16.6K +1,607 +6%
CIA
17
Capital Investment Advisors
Georgia
$275K -$40.2K -3,905 -12%
RJA
18
Raymond James & Associates
Florida
$249K -$15.4K -1,496 -6%
PPA
19
Parametric Portfolio Associates
Washington
$247K +$254K +24,601 New
Morgan Stanley
20
Morgan Stanley
New York
$235K +$4.88K +474 +2%
BRWA
21
B. Riley Wealth Advisors
Florida
$234K
Invesco
22
Invesco
Georgia
$226K -$143K -13,864 -38%
CFGS
23
Concourse Financial Group Securities
Alabama
$214K +$62 +6 +0%
DWM
24
Dakota Wealth Management
Florida
$210K -$187K -18,158 -46%
DAS
25
Dynamic Advisor Solutions
Arizona
$209K +$15.4K +1,497 +8%

FAM Hedge Fund Activity: Q1 2021 in Review

46 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q1 2021, worth a combined $36.9M — down 42% from $63.5M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FAM positions and 10 closed out — a net gain of 1 holder — while 15 added to existing stakes and 15 trimmed.

The largest buyer was Oxbow Advisors, adding an estimated $854K. The largest seller was Karpus Investment Management, cutting an estimated $17.9M.

  • 46 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q1 2021, unchanged from Q4 2020.
  • Funds reported $36.9M of First Trust/abrdn Global Opportunity Income Fund stock for Q1 2021, down 42% quarter-over-quarter.
  • 11 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q1 2021 and 10 closed out, a net change of +1 holder.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q1 2021 was Oxbow Advisors, an estimated $854K added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q1 2021 was Karpus Investment Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q1 2021.