abrdn Australia Equity Fund
IAF
27 hedge funds and large institutions have $15.9M invested in abrdn Australia Equity Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
10% more capital invested
Capital invested by funds: $14.5M → $15.9M (+$1.44M)
4% more funds holding
Funds holding: 26 → 27 (+1)
0.22% more ownership
Funds ownership: 2.35% → 2.57% (+0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
| 3 |
IC
InterOcean Capital
Chicago,
Illinois
|
+$265K |
| 4 |
Morgan Stanley
New York
|
+$164K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NES
New England Securities
New York
|
-$1.1M |
| 2 |
Citigroup
New York
|
-$289K |
| 3 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$196K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$144K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$52.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citigroup
New York
| $5K | -$289K | -10,643 | -98% |
|
|
RFA
27
Reilly Financial Advisors
La Mesa,
California
| $2K | +$1.82K | +67 | New |
|
|
FAAS
28
First Allied Advisory Services
San Diego,
California
| – | -$144K | -5,350 | Closed |
|
|
MIM
29
Macroview Investment Management
Bethesda,
Maryland
| – | -$4K | -133 | Closed |
|
IAF Hedge Fund Activity: Q2 2014 in Review
27 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q2 2014, worth a combined $15.9M — up 9.9% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new IAF positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.37M. The largest seller was New England Securities, cutting an estimated $1.1M.
- 27 institutional investors held abrdn Australia Equity Fund (IAF) as of Q2 2014, up from 26 in Q1 2014.
- Funds reported $15.9M of abrdn Australia Equity Fund stock for Q2 2014, up 9.9% quarter-over-quarter.
- 3 funds opened new abrdn Australia Equity Fund positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest abrdn Australia Equity Fund buyer in Q2 2014 was LPL Financial, an estimated $1.37M added.
- The largest abrdn Australia Equity Fund seller in Q2 2014 was New England Securities, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2014.