Angel Oak Financial Strategies Income Term Trust
FINS
26 hedge funds and large institutions have $71.1M invested in Angel Oak Financial Strategies Income Term Trust in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
30% more funds holding
Funds holding: 20 → 26 (+6)
10% more capital invested
Capital invested by funds: $64.6M → $71.1M (+$6.49M)
2.56% more ownership
Funds ownership: 25.21% → 27.76% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.05M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.84M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.19M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$757K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.22M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$729K |
| 3 |
BWM
BT Wealth Management
Atlanta,
Georgia
|
-$517K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$251K |
| 5 |
DIM
Delta Investment Management
San Francisco,
California
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWM
26
BT Wealth Management
Atlanta,
Georgia
| – | -$517K | -30,710 | Closed |
|
|
DIM
27
Delta Investment Management
San Francisco,
California
| – | -$216K | -12,850 | Closed |
|
|
HB
28
Homrich & Berg
Atlanta,
Georgia
| – | -$176K | -10,441 | Closed |
|
29
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +1 | New |
|
FINS Hedge Fund Activity: Q4 2020 in Review
26 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q4 2020, worth a combined $71.1M — up 10% from $64.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FINS positions and 3 closed out — a net gain of 6 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $3.05M. The largest seller was UBS Group, cutting an estimated $2.22M.
- 26 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q4 2020, up from 20 in Q3 2020.
- Funds reported $71.1M of Angel Oak Financial Strategies Income Term Trust stock for Q4 2020, up 10% quarter-over-quarter.
- 9 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q4 2020 and 3 closed out, a net change of +6 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q4 2020 was Shaker Financial Services, an estimated $3.05M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q4 2020 was UBS Group, an estimated $2.22M sold.
Based on aggregated 13F filings for Q4 2020.