abrdn Asia-Pacific Income Fund
FAX
148 hedge funds and large institutions have $282M invested in abrdn Asia-Pacific Income Fund in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 57 reducing their positions, and 21 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.31% more ownership
Funds ownership: 3.83% → 4.14% (+0.31%)
1% less capital invested
Capital invested by funds: $285M → $282M (-$2.26M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 151 → 148 (-3)
40% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$21.6M |
| 2 |
TAM
Trust Asset Management
Houston,
Texas
|
+$9.09M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.59M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.47M |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$8.26M |
| 2 |
Morgan Stanley
New York
|
-$4.19M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.11M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$948K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$529K |
FAX Hedge Fund Activity: Q2 2018 in Review
148 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q2 2018, worth a combined $282M — down 0.8% from $285M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FAX and 19 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 34 added.
The largest buyer was Oxbow Advisors, opening a new position worth an estimated $21.6M. The largest seller was Stifel Financial, cutting an estimated $8.26M.
- 148 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q2 2018, down from 151 in Q1 2018.
- Funds reported $282M of abrdn Asia-Pacific Income Fund stock for Q2 2018, down 0.8% quarter-over-quarter.
- 19 funds opened new abrdn Asia-Pacific Income Fund positions in Q2 2018 and 21 closed out, a net change of -2 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $21.6M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q2 2018 was Stifel Financial, an estimated $8.26M sold.
Based on aggregated 13F filings for Q2 2018.