HELIOS ADVANTAGE INCOME FD, INC
HAV
HAV was delisted on the 12th of August, 2014.
14 hedge funds and large institutions have $5.28M invested in HELIOS ADVANTAGE INCOME FD, INC in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 9 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
11% less capital invested
Capital invested by funds: $5.93M → $5.28M (-$653K)
33% less funds holding
Funds holding: 21 → 14 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$539K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$240K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$157K |
| 4 |
SCM
Saba Capital Management
New York
|
+$147K |
| 5 |
Morgan Stanley
New York
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$589K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$475K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$356K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$349K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$250K |
HAV Hedge Fund Activity: Q4 2013 in Review
14 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in HELIOS ADVANTAGE INCOME FD, INC (HAV) for Q4 2013, worth a combined $5.28M — down 11% from $5.93M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HAV and 2 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Horizon Kinetics, adding an estimated $539K. The largest seller was Doliver Advisors, exiting entirely with an estimated $589K sold.
- 14 institutional investors held HELIOS ADVANTAGE INCOME FD, INC (HAV) as of Q4 2013, down from 21 in Q3 2013.
- Funds reported $5.28M of HELIOS ADVANTAGE INCOME FD, INC stock for Q4 2013, down 11% quarter-over-quarter.
- 2 funds opened new HELIOS ADVANTAGE INCOME FD, INC positions in Q4 2013 and 9 closed out, a net change of -7 holders.
- The largest HELIOS ADVANTAGE INCOME FD, INC buyer in Q4 2013 was Horizon Kinetics, an estimated $539K added.
- The largest HELIOS ADVANTAGE INCOME FD, INC seller in Q4 2013 was Doliver Advisors, an estimated $589K sold.
Based on aggregated 13F filings for Q4 2013.