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FAM

First Trust/abrdn Global Opportunity Income Fund

Delisted

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

32 hedge funds and large institutions have $19.2M invested in First Trust/abrdn Global Opportunity Income Fund in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

13% less capital invested

Capital invested by funds: $22.1M → $19.2M (-$2.94M)

18% less funds holding

Funds holding: 3932 (-7)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
32
Holders Change
-7
Holders Change %
-17.95%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
15
Reduced
9
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$3.65M +$16K +1,600 +0.4%
Ameriprise
2
Ameriprise
Minnesota
$2M +$1.59M +159,732 +329%
OA
3
Oxbow Advisors
Texas
$1.96M +$109K +10,905 +6%
GC
4
Guggenheim Capital
Illinois
$1.83M +$114K +11,411 +6%
Osaic Holdings
5
Osaic Holdings
Arizona
$1.65M +$43K +4,313 +3%
NA
6
NewEdge Advisors
Louisiana
$1.43M +$1.49M +149,009 New
UBS Group
7
UBS Group
Switzerland
$1.06M +$24.9K +2,492 +2%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$995K -$35.6K -3,567 -3%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$952K +$27.7K +2,777 +3%
Wells Fargo
10
Wells Fargo
California
$527K -$86.2K -8,640 -14%
Morgan Stanley
11
Morgan Stanley
New York
$299K -$17.6K -1,763 -5%
CFGS
12
Concourse Financial Group Securities
Alabama
$261K +$38.4K +3,852 +17%
DAS
13
Dynamic Advisor Solutions
Arizona
$246K +$17.5K +1,758 +7%
SA
14
SFI Advisors
New Jersey
$233K +$239K +23,988 New
BRWA
15
B. Riley Wealth Advisors
Florida
$225K
OC
16
Oppenheimer & Co
New York
$221K -$310K -31,096 -57%
CIA
17
Capital Investment Advisors
Georgia
$220K -$13K -1,302 -5%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$184K +$4.48K +449 +2%
SWM
19
Spire Wealth Management
Virginia
$170K +$3.9K +391 +2%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$168K +$36.2K +3,632 +26%
HH
21
Hilltop Holdings
Texas
$146K
Bank of America
22
Bank of America
North Carolina
$143K +$160 +16 +0.1%
SPIA
23
Steward Partners Investment Advisory
New York
$135K +$3.74K +375 +3%
ASN
24
Advisory Services Network
Georgia
$131K -$6.92K -694 -5%
NGA
25
Naples Global Advisors
Florida
$110K -$17.8K -1,780 -13%

FAM Hedge Fund Activity: Q4 2021 in Review

32 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Global Opportunity Income Fund (FAM) for Q4 2021, worth a combined $19.2M — down 13% from $22.1M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FAM and 4 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 15 added.

The largest buyer was Ameriprise, adding an estimated $1.59M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.49M sold.

  • 32 institutional investors held First Trust/abrdn Global Opportunity Income Fund (FAM) as of Q4 2021, down from 39 in Q3 2021.
  • Funds reported $19.2M of First Trust/abrdn Global Opportunity Income Fund stock for Q4 2021, down 13% quarter-over-quarter.
  • 4 funds opened new First Trust/abrdn Global Opportunity Income Fund positions in Q4 2021 and 9 closed out, a net change of -5 holders.
  • The largest First Trust/abrdn Global Opportunity Income Fund buyer in Q4 2021 was Ameriprise, an estimated $1.59M added.
  • The largest First Trust/abrdn Global Opportunity Income Fund seller in Q4 2021 was Shaker Financial Services, an estimated $2.49M sold.

Based on aggregated 13F filings for Q4 2021.