abrdn Asia-Pacific Income Fund
FAX
146 hedge funds and large institutions have $255M invested in abrdn Asia-Pacific Income Fund in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 58 increasing their positions, 31 reducing their positions, and 14 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 31
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
8% more capital invested
Capital invested by funds: $236M → $255M (+$18.4M)
3% more funds holding
Funds holding: 142 → 146 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 3.89% → 3.72% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6M
6 Meridian
Wichita,
Kansas
|
+$2.2M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$1.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
| 4 |
Rockefeller Capital Management
New York
|
+$909K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.1M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$5.74M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.59M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
| 5 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$963K |
FAX Hedge Fund Activity: Q2 2021 in Review
146 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q2 2021, worth a combined $255M — up 7.8% from $236M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FAX positions and 14 closed out — a net gain of 4 holders — while 58 added to existing stakes and 31 trimmed.
The largest buyer was 6 Meridian, opening a new position worth an estimated $2.2M. The largest seller was Morgan Stanley, cutting an estimated $9.1M.
- 146 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q2 2021, up from 142 in Q1 2021.
- Funds reported $255M of abrdn Asia-Pacific Income Fund stock for Q2 2021, up 7.8% quarter-over-quarter.
- 18 funds opened new abrdn Asia-Pacific Income Fund positions in Q2 2021 and 14 closed out, a net change of +4 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q2 2021 was 6 Meridian, an estimated $2.2M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q2 2021 was Morgan Stanley, an estimated $9.1M sold.
Based on aggregated 13F filings for Q2 2021.