abrdn Australia Equity Fund
IAF
34 hedge funds and large institutions have $21.5M invested in abrdn Australia Equity Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 5 closing their positions.
0.2% less ownership
Funds ownership: 5.87% → 5.67% (-0.2%)
2% less capital invested
Capital invested by funds: $21.9M → $21.5M (-$443K)
11% less funds holding
Funds holding: 38 → 34 (-4)
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.23M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$54.8K |
| 3 |
CWM
Concert Wealth Management
San Jose,
California
|
+$4.38K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.58K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$2.07K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$799K |
| 2 |
HNB
Huntington National Bank
Columbus,
Ohio
|
-$363K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$301K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$262K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | +$466 | +30 | +7% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$23.7K | -1,526 | -85% |
|
|
29
Creative Planning
Overland Park,
Kansas
| $3K | +$2.07K | +133 | +199% |
|
30
Citigroup
New York
| $1K | -$2.74K | -176 | -85% |
|
|
TSW
31
Thompson Siegel & Walmsley
Richmond,
Virginia
| $1K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $1K | +$1.82K | +117 | New |
|
|
HNB
33
Huntington National Bank
Columbus,
Ohio
| – | -$363K | -22,186 | Closed |
|
|
ICM
34
Ionic Capital Management
New York
| – | -$262K | -16,000 | Closed |
|
|
DA
35
Doliver Advisors
Houston,
Texas
| – | -$131K | -8,025 | Closed |
|
|
WAM
36
Weiss Asset Management
Boston,
Massachusetts
| – | -$93K | -5,660 | Closed |
|
|
IA
37
IFP Advisors
Tampa,
Florida
| – | -$22K | -1,359 | Closed |
|
|
MFS
38
MSI Financial Services
Springfield,
Massachusetts
| – | -$5.71K | -367 | -93% |
|
IAF Hedge Fund Activity: Q1 2016 in Review
34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q1 2016, worth a combined $21.5M — down 2% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IAF and 1 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 8 added.
The largest buyer was 1607 Capital Partners, adding an estimated $2.23M. The largest seller was Wolverine Asset Management, cutting an estimated $799K.
- 34 institutional investors held abrdn Australia Equity Fund (IAF) as of Q1 2016, down from 38 in Q4 2015.
- Funds reported $21.5M of abrdn Australia Equity Fund stock for Q1 2016, down 2% quarter-over-quarter.
- 1 fund opened new abrdn Australia Equity Fund positions in Q1 2016 and 5 closed out, a net change of -4 holders.
- The largest abrdn Australia Equity Fund buyer in Q1 2016 was 1607 Capital Partners, an estimated $2.23M added.
- The largest abrdn Australia Equity Fund seller in Q1 2016 was Wolverine Asset Management, an estimated $799K sold.
Based on aggregated 13F filings for Q1 2016.