abrdn Australia Equity Fund
IAF
39 hedge funds and large institutions have $20.9M invested in abrdn Australia Equity Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
22% more capital invested
Capital invested by funds: $17.1M → $20.9M (+$3.82M)
18% more funds holding
Funds holding: 33 → 39 (+6)
1.25% more ownership
Funds ownership: 3.2% → 4.45% (+1.3%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.92M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.26M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.02M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$680K |
| 5 |
AGM
Alpine Global Management
New York
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$1.34M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$656K |
| 3 |
Morgan Stanley
New York
|
-$527K |
| 4 |
IC
InterOcean Capital
Chicago,
Illinois
|
-$229K |
| 5 |
LPL Financial
San Diego,
California
|
-$210K |
IAF Hedge Fund Activity: Q4 2014 in Review
39 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q4 2014, worth a combined $20.9M — up 22% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IAF positions and 4 closed out — a net gain of 7 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $4.92M. The largest seller was John G. Ullman & Associates, exiting entirely with an estimated $1.34M sold.
- 39 institutional investors held abrdn Australia Equity Fund (IAF) as of Q4 2014, up from 33 in Q3 2014.
- Funds reported $20.9M of abrdn Australia Equity Fund stock for Q4 2014, up 22% quarter-over-quarter.
- 11 funds opened new abrdn Australia Equity Fund positions in Q4 2014 and 4 closed out, a net change of +7 holders.
- The largest abrdn Australia Equity Fund buyer in Q4 2014 was Karpus Investment Management, an estimated $4.92M added.
- The largest abrdn Australia Equity Fund seller in Q4 2014 was John G. Ullman & Associates, an estimated $1.34M sold.
Based on aggregated 13F filings for Q4 2014.