Angel Oak Financial Strategies Income Term Trust
FINS
35 hedge funds and large institutions have $167M invested in Angel Oak Financial Strategies Income Term Trust in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 34 → 35 (+1)
5% more capital invested
Capital invested by funds: $159M → $167M (+$7.86M)
0.92% less ownership
Funds ownership: 51.34% → 50.42% (-0.92%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.57M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$957K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$395K |
| 4 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$331K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$10.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.43M |
| 3 |
Morgan Stanley
New York
|
-$1.2M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$373K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$309K |
FINS Hedge Fund Activity: Q3 2024 in Review
35 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Angel Oak Financial Strategies Income Term Trust (FINS) for Q3 2024, worth a combined $167M — up 4.9% from $159M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FINS positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.57M. The largest seller was Atlas Wealth, exiting entirely with an estimated $10.1M sold.
- 35 institutional investors held Angel Oak Financial Strategies Income Term Trust (FINS) as of Q3 2024, up from 34 in Q2 2024.
- Funds reported $167M of Angel Oak Financial Strategies Income Term Trust stock for Q3 2024, up 4.9% quarter-over-quarter.
- 7 funds opened new Angel Oak Financial Strategies Income Term Trust positions in Q3 2024 and 6 closed out, a net change of +1 holder.
- The largest Angel Oak Financial Strategies Income Term Trust buyer in Q3 2024 was Sit Investment Associates, an estimated $8.57M added.
- The largest Angel Oak Financial Strategies Income Term Trust seller in Q3 2024 was Atlas Wealth, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2024.