Angel Oak Financial Strategies Income Term Trust
FINS
34 hedge funds and large institutions have $159M invested in Angel Oak Financial Strategies Income Term Trust in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
7% more capital invested
Capital invested by funds: $149M → $159M (+$9.87M)
3.64% more ownership
Funds ownership: 47.71% → 51.34% (+3.6%)
0% more funds holding
Funds holding: 34 → 34 (0)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$10.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.6M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$286K |
| 5 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$1.39M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$775K |
| 3 |
Morgan Stanley
New York
|
-$680K |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$531K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Lido Advisors
Los Angeles,
California
| $167K | – | – | – |
|
|
IP
27
Ignite Planners
San Clemente,
California
| $155K | +$8.81K | +710 | +6% |
|
|
RJT
28
Raymond James Trust
St. Petersburg,
Florida
| $153K | – | – | – |
|
|
LOPW
29
Live Oak Private Wealth
Wilmington,
North Carolina
| $131K | – | – | – |
|
30
Comerica Bank
Dallas,
Texas
| $88.4K | -$2.89K | -233 | -3% |
|
|
OPTFSNA
31
Old Point Trust & Financial Services N A
Newport News,
Virginia
| $24.7K | – | – | – |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $17.5K | – | – | – |
|
|
PFBT
33
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $9.9K | +$9.92K | +800 | New |
|
34
Fifth Third Bancorp
Cincinnati,
Ohio
| $186 | +$186 | +15 | New |
|
|
EPM
35
Equitec Proprietary Markets
Chicago,
Illinois
| – | -$1.39M | -111,001 | Closed |
|
|
CCG
36
Catalina Capital Group
Torrance,
California
| – | -$163K | -13,065 | Closed |
|
FINS Hedge Fund Activity: Q2 2024 in Review
34 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q2 2024, worth a combined $159M — up 6.6% from $149M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FINS positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $10.2M. The largest seller was Equitec Proprietary Markets, exiting entirely with an estimated $1.39M sold.
- 34 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $159M of Angel Oak Financial Strategies Income Term Trust stock for Q2 2024, up 6.6% quarter-over-quarter.
- 4 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q2 2024 and 2 closed out, a net change of +2 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q2 2024 was Atlas Wealth, an estimated $10.2M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q2 2024 was Equitec Proprietary Markets, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2024.