Angel Oak Financial Strategies Income Term Trust
FINS
43 hedge funds and large institutions have $109M invested in Angel Oak Financial Strategies Income Term Trust in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
6% more capital invested
Capital invested by funds: $102M → $109M (+$6.43M)
5% more funds holding
Funds holding: 41 → 43 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.13% less ownership
Funds ownership: 34.56% → 32.43% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.05M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.51M |
| 4 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$1.45M |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.78M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$630K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$531K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$501K |
| 5 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
-$280K |
FINS Hedge Fund Activity: Q3 2022 in Review
43 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q3 2022, worth a combined $109M — up 6.3% from $102M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FINS positions and 5 closed out — a net gain of 2 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $9.05M. The largest seller was City of London Investment Management, cutting an estimated $2.78M.
- 43 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q3 2022, up from 41 in Q2 2022.
- Funds reported $109M of Angel Oak Financial Strategies Income Term Trust stock for Q3 2022, up 6.3% quarter-over-quarter.
- 7 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q3 2022 and 5 closed out, a net change of +2 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q3 2022 was Sit Investment Associates, an estimated $9.05M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q3 2022 was City of London Investment Management, an estimated $2.78M sold.
Based on aggregated 13F filings for Q3 2022.