Angel Oak Financial Strategies Income Term Trust
FINS
21 hedge funds and large institutions have $25.6M invested in Angel Oak Financial Strategies Income Term Trust in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
40% more funds holding
Funds holding: 15 → 21 (+6)
1.08% more ownership
Funds ownership: 11.9% → 12.98% (+1.1%)
10% less capital invested
Capital invested by funds: $28.4M → $25.6M (-$2.8M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$821K |
| 3 |
SCM
Saba Capital Management
New York
|
+$686K |
| 4 |
LPL Financial
San Diego,
California
|
+$619K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.17M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$579K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$435K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$58.4K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$46.5K |
FINS Hedge Fund Activity: Q1 2020 in Review
21 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q1 2020, worth a combined $25.6M — down 9.9% from $28.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FINS positions and 1 closed out — a net gain of 6 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.4M. The largest seller was Vivaldi Capital Management, cutting an estimated $2.17M.
- 21 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q1 2020, up from 15 in Q4 2019.
- Funds reported $25.6M of Angel Oak Financial Strategies Income Term Trust stock for Q1 2020, down 9.9% quarter-over-quarter.
- 7 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q1 2020 and 1 closed out, a net change of +6 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q1 2020 was Morgan Stanley, an estimated $1.4M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q1 2020 was Vivaldi Capital Management, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2020.