abrdn Asia-Pacific Income Fund
FAX
151 hedge funds and large institutions have $285M invested in abrdn Asia-Pacific Income Fund in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 17 closing their positions.
21% more capital inflows, than outflows
Capital inflows: $13.3M | Capital outflows: $11M
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
2% more funds holding
Funds holding: 148 → 151 (+3)
0.2% more ownership
Funds ownership: 22.8% → 23% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$1.79M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.53M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.42M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$969K |
| 5 |
Morgan Stanley
New York
|
+$956K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.66M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.41M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$714K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$709K |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$661K |
FAX Hedge Fund Activity: Q1 2018 in Review
151 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q1 2018, worth a combined $285M — down 2% from $290M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FAX positions and 17 closed out — a net gain of 3 holders — while 43 added to existing stakes and 48 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $1.79M. The largest seller was Shaker Financial Services, cutting an estimated $1.66M.
- 151 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q1 2018, up from 148 in Q4 2017.
- Funds reported $285M of abrdn Asia-Pacific Income Fund stock for Q1 2018, down 2% quarter-over-quarter.
- 20 funds opened new abrdn Asia-Pacific Income Fund positions in Q1 2018 and 17 closed out, a net change of +3 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q1 2018 was Merriman Wealth Management, an estimated $1.79M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q1 2018 was Shaker Financial Services, an estimated $1.66M sold.
Based on aggregated 13F filings for Q1 2018.