Angel Oak Financial Strategies Income Term Trust
FINS
41 hedge funds and large institutions have $102M invested in Angel Oak Financial Strategies Income Term Trust in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
24% more funds holding
Funds holding: 33 → 41 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $113M → $102M (-$10.4M)
12.68% less ownership
Funds ownership: 47.23% → 34.56% (-13%)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.39M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$447K |
| 3 |
QC
Quantedge Capital
Singapore
|
+$328K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$318K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.34M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$961K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$625K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$456K |
| 5 |
Rockefeller Capital Management
New York
|
-$244K |
FINS Hedge Fund Activity: Q2 2022 in Review
41 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q2 2022, worth a combined $102M — down 9.2% from $113M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FINS positions and 1 closed out — a net gain of 8 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.39M. The largest seller was Raymond James & Associates, cutting an estimated $4.34M.
- 41 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q2 2022, up from 33 in Q1 2022.
- Funds reported $102M of Angel Oak Financial Strategies Income Term Trust stock for Q2 2022, down 9.2% quarter-over-quarter.
- 9 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q2 2022 and 1 closed out, a net change of +8 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q2 2022 was Saba Capital Management, an estimated $1.39M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q2 2022 was Raymond James & Associates, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2022.