Angel Oak Financial Strategies Income Term Trust
FINS
22 hedge funds and large institutions have $80.2M invested in Angel Oak Financial Strategies Income Term Trust in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 4 closing their positions.
213% more capital invested
Capital invested by funds: $25.6M → $80.2M (+$54.6M)
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
18.52% more ownership
Funds ownership: 12.98% → 31.5% (+19%)
5% more funds holding
Funds holding: 21 → 22 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$42M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$7.23M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.12M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$860K |
| 2 |
SCM
Saba Capital Management
New York
|
-$593K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$341K |
| 4 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
-$128K |
| 5 |
Morgan Stanley
New York
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +1 | New |
|
FINS Hedge Fund Activity: Q2 2020 in Review
22 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q2 2020, worth a combined $80.2M — up 213% from $25.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FINS positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Vivaldi Capital Management, adding an estimated $42M. The largest seller was D.A. Davidson & Co, exiting entirely with an estimated $860K sold.
- 22 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q2 2020, up from 21 in Q1 2020.
- Funds reported $80.2M of Angel Oak Financial Strategies Income Term Trust stock for Q2 2020, up 213% quarter-over-quarter.
- 5 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q2 2020 was Vivaldi Capital Management, an estimated $42M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q2 2020 was D.A. Davidson & Co, an estimated $860K sold.
Based on aggregated 13F filings for Q2 2020.