abrdn Asia-Pacific Income Fund
FAX
151 hedge funds and large institutions have $288M invested in abrdn Asia-Pacific Income Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 29 reducing their positions, and 19 closing their positions.
435% more capital inflows, than outflows
Capital inflows: $39.1M | Capital outflows: $7.32M
72% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 29
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
3.1% more ownership
Funds ownership: 22.1% → 25.2% (+3.1%)
2% more funds holding
Funds holding: 148 → 151 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
+$9.96M |
| 2 |
Morgan Stanley
New York
|
+$8.3M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$7.79M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.4M |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.77M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.17M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$616K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$447K |
| 5 |
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$413K |
FAX Hedge Fund Activity: Q4 2020 in Review
151 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q4 2020, worth a combined $288M — up 32% from $219M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FAX positions and 19 closed out — a net gain of 5 holders — while 50 added to existing stakes and 29 trimmed.
The largest buyer was Penn Mutual Asset Management, opening a new position worth an estimated $9.96M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.77M.
- 151 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q4 2020, up from 148 in Q3 2020.
- Funds reported $288M of abrdn Asia-Pacific Income Fund stock for Q4 2020, up 32% quarter-over-quarter.
- 24 funds opened new abrdn Asia-Pacific Income Fund positions in Q4 2020 and 19 closed out, a net change of +5 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q4 2020 was Penn Mutual Asset Management, an estimated $9.96M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q4 2020 was Fiera Capital (Canada), an estimated $1.77M sold.
Based on aggregated 13F filings for Q4 2020.