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 |
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.