abrdn Asia-Pacific Income Fund
FAX
152 hedge funds and large institutions have $359M invested in abrdn Asia-Pacific Income Fund in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 51 reducing their positions, and 19 closing their positions.
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
2% more capital inflows, than outflows
Capital inflows: $52M | Capital outflows: $50.8M
1% more funds holding
Funds holding: 151 → 152 (+1)
0.56% more ownership
Funds ownership: 27.53% → 28.09% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
25% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$15.6M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$6.67M |
| 3 |
SCM
Saba Capital Management
New York
|
+$4.14M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.42M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$19.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.18M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.67M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.59M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.83M |
FAX Hedge Fund Activity: Q1 2016 in Review
152 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q1 2016, worth a combined $359M — up 8.9% from $330M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FAX positions and 19 closed out — a net gain of 1 holder — while 38 added to existing stakes and 51 trimmed.
The largest buyer was McGowan Group Asset Management, adding an estimated $15.6M. The largest seller was Rivernorth Capital Management, cutting an estimated $19.4M.
- 152 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q1 2016, up from 151 in Q4 2015.
- Funds reported $359M of abrdn Asia-Pacific Income Fund stock for Q1 2016, up 8.9% quarter-over-quarter.
- 20 funds opened new abrdn Asia-Pacific Income Fund positions in Q1 2016 and 19 closed out, a net change of +1 holder.
- The largest abrdn Asia-Pacific Income Fund buyer in Q1 2016 was McGowan Group Asset Management, an estimated $15.6M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q1 2016 was Rivernorth Capital Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2016.