abrdn Asia-Pacific Income Fund
FAX
FAX was delisted on the 31st of July, 2026.
166 hedge funds and large institutions have $149M invested in abrdn Asia-Pacific Income Fund in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 38 reducing their positions, and 22 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 4.07% → 3.75% (-0.32%)
3% less funds holding
Funds holding: 172 → 166 (-6)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
18% less capital invested
Capital invested by funds: $181M → $149M (-$32.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.01M |
| 2 |
Morgan Stanley
New York
|
+$1.93M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.54M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$778K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$648K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$19.5M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.41M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.13M |
| 4 |
QC
Quantedge Capital
Singapore
|
-$2.32M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
176
Arete Wealth Advisors
Chicago,
Illinois
| – | -$19.5M | -8,758 | Closed |
|
177
MML Investors Services
Springfield,
Massachusetts
| – | -$102K | -6,475 | Closed |
|
178
Cerity Partners
New York
| – | -$52.9K | -3,332 | Closed |
|
179
William Blair & Company
Chicago,
Illinois
| – | -$51.5K | -3,267 | Closed |
|
|
TA
180
TFG Advisers
Auburn Hills,
Michigan
| – | -$31.9K | -2,019 | Closed |
|
|
EWM
181
Empirical Wealth Management
Seattle,
Washington
| – | -$27.4K | -1,734 | Closed |
|
|
SCM
182
Saba Capital Management
New York
| – | -$26.3K | -1,667 | Closed |
|
|
UB
183
UMB Bank
Kansas City,
Missouri
| – | -$7K | -467 | Closed |
|
|
PFA
184
Pathway Financial Advisers
Auburn,
Indiana
| – | -$4.88K | -309 | Closed |
|
|
HI
185
Harbour Investments
Madison,
Wisconsin
| – | -$3.94K | -250 | Closed |
|
|
AWM
186
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$1.78K | -108 | Closed |
|
187
BNP Paribas Financial Markets
Paris,
France
| – | -$24 | -2 | Closed |
|
FAX Hedge Fund Activity: Q1 2023 in Review
166 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q1 2023, worth a combined $149M — down 18% from $181M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FAX and 19 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 53 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.01M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $19.5M sold.
- 166 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q1 2023, down from 172 in Q4 2022.
- Funds reported $149M of abrdn Asia-Pacific Income Fund stock for Q1 2023, down 18% quarter-over-quarter.
- 19 funds opened new abrdn Asia-Pacific Income Fund positions in Q1 2023 and 22 closed out, a net change of -3 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q1 2023 was Royal Bank of Canada, an estimated $2.01M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q1 2023 was Arete Wealth Advisors, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2023.