abrdn Australia Equity Fund
IAF
33 hedge funds and large institutions have $14.5M invested in abrdn Australia Equity Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 31 → 33 (+2)
0.28% less ownership
Funds ownership: 2.82% → 2.54% (-0.28%)
27% less capital invested
Capital invested by funds: $19.8M → $14.5M (-$5.25M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$613K |
| 2 |
SG Americas Securities
New York
|
+$574K |
| 3 |
Citigroup
New York
|
+$554K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$504K |
| 5 |
Morgan Stanley
New York
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$1.28M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.17M |
| 3 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$775K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$414K |
| 5 |
LPL Financial
San Diego,
California
|
-$302K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $16.9K | -$7.74K | -259 | -28% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | +$7.98K | +267 | +108% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $13K | +$15K | +503 | New |
|
|
PAS
29
Partnervest Advisory Services
Santa Barbara,
California
| $11K | +$657 | +22 | +5% |
|
|
TF
30
Tompkins Financial
Ithaca,
New York
| $10K | -$19.9K | -667 | -63% |
|
|
MIM
31
Macroview Investment Management
Bethesda,
Maryland
| $8K | – | – | – |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $8K | – | – | – |
|
|
WEC
33
Winslow Evans & Crocker
Boston,
Massachusetts
| $7K | +$8.36K | +280 | New |
|
|
JMPWA
34
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$1.28M | -41,183 | Closed |
|
|
NPC
35
National Planning Corporation
El Segundo,
California
| – | -$173K | -5,533 | Closed |
|
36
Ameriprise
Minneapolis,
Minnesota
| – | -$33K | -1,070 | Closed |
|
|
JFA
37
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$20K | -633 | Closed |
|
IAF Hedge Fund Activity: Q4 2013 in Review
33 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q4 2013, worth a combined $14.5M — down 27% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IAF positions and 4 closed out — a net gain of 2 holders — while 7 added to existing stakes and 13 trimmed.
The largest buyer was Virtu KCG Holdings, adding an estimated $613K. The largest seller was JP Morgan Private Wealth Advisors, exiting entirely with an estimated $1.28M sold.
- 33 institutional investors held abrdn Australia Equity Fund (IAF) as of Q4 2013, up from 31 in Q3 2013.
- Funds reported $14.5M of abrdn Australia Equity Fund stock for Q4 2013, down 27% quarter-over-quarter.
- 6 funds opened new abrdn Australia Equity Fund positions in Q4 2013 and 4 closed out, a net change of +2 holders.
- The largest abrdn Australia Equity Fund buyer in Q4 2013 was Virtu KCG Holdings, an estimated $613K added.
- The largest abrdn Australia Equity Fund seller in Q4 2013 was JP Morgan Private Wealth Advisors, an estimated $1.28M sold.
Based on aggregated 13F filings for Q4 2013.