abrdn Asia-Pacific Income Fund
FAX
164 hedge funds and large institutions have $209M invested in abrdn Asia-Pacific Income Fund in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 45
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
0.39% more ownership
Funds ownership: 3.79% → 4.17% (+0.39%)
2% less funds holding
Funds holding: 167 → 164 (-3)
13% less capital invested
Capital invested by funds: $241M → $209M (-$31.2M)
Top Buyers
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$7.55M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.38M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.92M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.6M |
| 5 |
Goldman Sachs
New York
|
+$1.66M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Millennium Management
New York
| – | -$62K | -2,421 | Closed |
|
|
CNBT
177
Canandaigua National Bank & Trust
Canandaigua,
New York
| – | -$60K | -2,333 | Closed |
|
|
ACM
178
Allred Capital Management
Dallas,
Texas
| – | -$47.3K | -1,853 | Closed |
|
|
AA
179
Argent Advisors
Monroe,
Louisiana
| – | -$39K | -1,545 | Closed |
|
|
RIA
180
Realta Investment Advisors
Wilmington,
Delaware
| – | -$34K | -1,335 | Closed |
|
|
TCWM
181
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$11K | -433 | Closed |
|
|
PA
182
PSI Advisors
Tampa,
Florida
| – | -$6K | -250 | Closed |
|
|
CHAM
183
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$1.35K | -53 | Closed |
|
FAX Hedge Fund Activity: Q1 2020 in Review
164 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q1 2020, worth a combined $209M — down 13% from $241M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FAX positions and 21 closed out — a net gain of 1 holder — while 53 added to existing stakes and 45 trimmed.
The largest buyer was Matisse Capital, adding an estimated $7.55M. The largest seller was Fiera Capital (Canada), cutting an estimated $2.2M.
- 164 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q1 2020, down from 167 in Q4 2019.
- Funds reported $209M of abrdn Asia-Pacific Income Fund stock for Q1 2020, down 13% quarter-over-quarter.
- 22 funds opened new abrdn Asia-Pacific Income Fund positions in Q1 2020 and 21 closed out, a net change of +1 holder.
- The largest abrdn Asia-Pacific Income Fund buyer in Q1 2020 was Matisse Capital, an estimated $7.55M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q1 2020 was Fiera Capital (Canada), an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2020.