First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
45 hedge funds and large institutions have $27.8M invested in First Trust/abrdn Global Opportunity Income Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 4 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
2% less funds holding
Funds holding: 46 → 45 (-1)
25% less capital invested
Capital invested by funds: $36.9M → $27.8M (-$9.11M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.32M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$651K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$333K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$290K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$739K |
| 3 |
Cohen & Steers
New York
|
-$436K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$210K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$153K |
FAM Hedge Fund Activity: Q2 2021 in Review
45 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q2 2021, worth a combined $27.8M — down 25% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FAM and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 21 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.32M. The largest seller was Karpus Investment Management, cutting an estimated $11.7M.
- 45 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q2 2021, down from 46 in Q1 2021.
- Funds reported $27.8M of First Trust/abrdn Global Opportunity Income Fund stock for Q2 2021, down 25% quarter-over-quarter.
- 3 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q2 2021 and 4 closed out, a net change of -1 holder.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q2 2021 was Shaker Financial Services, an estimated $1.32M added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2021.