abrdn Asia-Pacific Income Fund
FAX
166 hedge funds and large institutions have $150M invested in abrdn Asia-Pacific Income Fund in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 38 reducing their positions, and 22 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 4.07% → 3.75% (-0.32%)
3% less funds holding
Funds holding: 172 → 166 (-6)
7% less capital invested
Capital invested by funds: $162M → $150M (-$11.2M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.01M |
| 2 |
Morgan Stanley
New York
|
+$1.93M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.54M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$778K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$648K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.41M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.13M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$2.32M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.38M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$998K |
FAX Hedge Fund Activity: Q1 2023 in Review
166 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q1 2023, worth a combined $150M — down 6.9% from $162M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FAX and 19 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 53 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.01M. The largest seller was City of London Investment Management, exiting entirely with an estimated $5.41M sold.
- 166 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q1 2023, down from 172 in Q4 2022.
- Funds reported $150M of abrdn Asia-Pacific Income Fund stock for Q1 2023, down 6.9% quarter-over-quarter.
- 19 funds opened new abrdn Asia-Pacific Income Fund positions in Q1 2023 and 22 closed out, a net change of -3 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q1 2023 was Royal Bank of Canada, an estimated $2.01M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q1 2023 was City of London Investment Management, an estimated $5.41M sold.
Based on aggregated 13F filings for Q1 2023.