Angel Oak Financial Strategies Income Term Trust
FINS
20 hedge funds and large institutions have $64.6M invested in Angel Oak Financial Strategies Income Term Trust in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 6 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.29% less ownership
Funds ownership: 31.5% → 25.21% (-6.3%)
9% less funds holding
Funds holding: 22 → 20 (-2)
19% less capital invested
Capital invested by funds: $80.2M → $64.6M (-$15.5M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.28M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.58M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.47M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$920K |
| 5 |
BWM
BT Wealth Management
Atlanta,
Georgia
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$22.9M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$560K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$444K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$443K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$203K |
FINS Hedge Fund Activity: Q3 2020 in Review
20 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q3 2020, worth a combined $64.6M — down 19% from $80.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FINS and 4 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Invesco, opening a new position worth an estimated $3.28M. The largest seller was Vivaldi Capital Management, cutting an estimated $22.9M.
- 20 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q3 2020, down from 22 in Q2 2020.
- Funds reported $64.6M of Angel Oak Financial Strategies Income Term Trust stock for Q3 2020, down 19% quarter-over-quarter.
- 4 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q3 2020 and 6 closed out, a net change of -2 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q3 2020 was Invesco, an estimated $3.28M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q3 2020 was Vivaldi Capital Management, an estimated $22.9M sold.
Based on aggregated 13F filings for Q3 2020.