Angel Oak Financial Strategies Income Term Trust
FINS
21 hedge funds and large institutions have $82.2M invested in Angel Oak Financial Strategies Income Term Trust in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 8 closing their positions.
16% more capital invested
Capital invested by funds: $71.1M → $82.2M (+$11.1M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
2.91% more ownership
Funds ownership: 27.76% → 30.68% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less funds holding
Funds holding: 26 → 21 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.64M |
| 3 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$1.44M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.38M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.26M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$714K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$583K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$342K |
| 5 |
FM
Family Management
New York
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWP
26
TFO Wealth Partners
Maumee,
Ohio
| – | -$42K | -2,500 | Closed |
|
27
US Bancorp
Minneapolis,
Minnesota
| – | -$42K | -2,500 | Closed |
|
|
FIA
28
FNY Investment Advisers
New York
| – | -$16K | -1,000 | Closed |
|
FINS Hedge Fund Activity: Q1 2021 in Review
21 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q1 2021, worth a combined $82.2M — up 16% from $71.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FINS and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $6.13M. The largest seller was Bank of America, cutting an estimated $2.26M.
- 21 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q1 2021, down from 26 in Q4 2020.
- Funds reported $82.2M of Angel Oak Financial Strategies Income Term Trust stock for Q1 2021, up 16% quarter-over-quarter.
- 3 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q1 2021 and 8 closed out, a net change of -5 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q1 2021 was Morgan Stanley, an estimated $6.13M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q1 2021 was Bank of America, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2021.