Angel Oak Financial Strategies Income Term Trust
FINS
33 hedge funds and large institutions have $113M invested in Angel Oak Financial Strategies Income Term Trust in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
8% less funds holding
Funds holding: 36 → 33 (-3)
8.71% less ownership
Funds ownership: 55.95% → 47.23% (-8.7%)
22% less capital invested
Capital invested by funds: $145M → $113M (-$32.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
+$3.25M |
| 2 |
Morgan Stanley
New York
|
+$1.37M |
| 3 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$878K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$320K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.24M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.33M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$555K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$488K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HWM
26
Howard Wealth Management
Madison,
Connecticut
| $215K | +$1.71K | +105 | +0.8% |
|
|
FWM
27
Foresight Wealth Management
Draper,
Utah
| $183K | -$336K | -20,688 | -64% |
|
|
CC
28
Claybrook Capital
Wellesley,
Massachusetts
| $177K | – | – | – |
|
|
LOPW
29
Live Oak Private Wealth
Wilmington,
North Carolina
| $168K | +$173K | +10,630 | New |
|
|
SIAP
30
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| $133K | -$95.9K | -5,900 | -41% |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $37K | -$16.3K | -1,000 | -3% |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $3K | – | – | – |
|
|
SA
33
SFI Advisors
Montclair,
New Jersey
| $226 | – | – | – |
|
|
SFS
34
Shaker Financial Services
Arlington,
Virginia
| – | -$3.24M | -189,976 | Closed |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$488K | -28,617 | Closed |
|
|
LCM
36
Landscape Capital Management
Englewood,
New Jersey
| – | -$301K | -17,642 | Closed |
|
|
CCA
37
Column Capital Advisors
Indianapolis,
Indiana
| – | -$26K | -1,500 | Closed |
|
FINS Hedge Fund Activity: Q1 2022 in Review
33 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q1 2022, worth a combined $113M — down 22% from $145M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FINS and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Equitec Proprietary Markets, adding an estimated $3.25M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.24M sold.
- 33 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q1 2022, down from 36 in Q4 2021.
- Funds reported $113M of Angel Oak Financial Strategies Income Term Trust stock for Q1 2022, down 22% quarter-over-quarter.
- 2 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q1 2022 and 4 closed out, a net change of -2 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q1 2022 was Equitec Proprietary Markets, an estimated $3.25M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q1 2022 was Shaker Financial Services, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2022.