Angel Oak Financial Strategies Income Term Trust
FINS
33 hedge funds and large institutions have $133M invested in Angel Oak Financial Strategies Income Term Trust in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 7 closing their positions.
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
6% more capital invested
Capital invested by funds: $126M → $133M (+$6.93M)
1.51% more ownership
Funds ownership: 42.44% → 43.95% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 35 → 33 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.01M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.38M |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$644K |
| 4 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$601K |
| 5 |
IP
Ignite Planners
San Clemente,
California
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$702K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$297K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$236K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$181K |
FINS Hedge Fund Activity: Q3 2023 in Review
33 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q3 2023, worth a combined $133M — up 5.5% from $126M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FINS and 5 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 17 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.01M. The largest seller was Wells Fargo, cutting an estimated $1.16M.
- 33 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q3 2023, down from 35 in Q2 2023.
- Funds reported $133M of Angel Oak Financial Strategies Income Term Trust stock for Q3 2023, up 5.5% quarter-over-quarter.
- 5 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q3 2023 was Karpus Investment Management, an estimated $3.01M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q3 2023 was Wells Fargo, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2023.