First Trust/abrdn Global Opportunity Income Fund
FAM
FAM was delisted on the 20th of September, 2024.
39 hedge funds and large institutions have $22.1M invested in First Trust/abrdn Global Opportunity Income Fund in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
13% less funds holding
Funds holding: 45 → 39 (-6)
20% less capital invested
Capital invested by funds: $27.8M → $22.1M (-$5.67M)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$306K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$258K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$141K |
| 4 |
LPL Financial
San Diego,
California
|
+$137K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$99.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.75M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$667K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$391K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$181K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$166K |
FAM Hedge Fund Activity: Q3 2021 in Review
39 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q3 2021, worth a combined $22.1M — down 20% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAM and 1 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Osaic Holdings, adding an estimated $306K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $4.75M sold.
- 39 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q3 2021, down from 45 in Q2 2021.
- Funds reported $22.1M of First Trust/abrdn Global Opportunity Income Fund stock for Q3 2021, down 20% quarter-over-quarter.
- 1 fund opened new First Trust/abrdn Global Opportunity Income Fund positions in Q3 2021 and 7 closed out, a net change of -6 holders.
- The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q3 2021 was Osaic Holdings, an estimated $306K added.
- The largest First Trust/abrdn Global Opportunity Income Fund seller in Q3 2021 was Karpus Investment Management, an estimated $4.75M sold.
Based on aggregated 13F filings for Q3 2021.