abrdn Australia Equity Fund
IAF
33 hedge funds and large institutions have $16.2M invested in abrdn Australia Equity Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 8 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
1.47% less ownership
Funds ownership: 5.67% → 4.2% (-1.5%)
3% less funds holding
Funds holding: 34 → 33 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
25% less capital invested
Capital invested by funds: $21.5M → $16.2M (-$5.29M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$381K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$59.7K |
| 3 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$28.2K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$24.5K |
| 5 |
TAM
Trust Asset Management
Houston,
Texas
|
+$20K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.68M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.47M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$571K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$548K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$135 | +8 | +3% |
|
27
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
28
AssetMark Inc
Concord,
California
| $2K | +$1.64K | +97 | New |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $1K | – | – | – |
|
|
TSW
30
Thompson Siegel & Walmsley
Richmond,
Virginia
| $1K | – | – | – |
|
|
MPWT
31
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $361 | +$355 | +21 | New |
|
|
COLIM
32
City of London Investment Management
London,
United Kingdom
| – | -$2.68M | -160,702 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$201K | -12,101 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$117K | -7,015 | Closed |
|
35
SG Americas Securities
New York
| – | -$71K | -4,259 | Closed |
|
|
AIG
36
American International Group
New York
| – | -$22K | -1,333 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$17K | -1,000 | Closed |
|
38
Citigroup
New York
| – | -$1K | -31 | Closed |
|
|
PRS
39
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | +$305 | +18 | New |
|
IAF Hedge Fund Activity: Q2 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q2 2016, worth a combined $16.2M — down 25% from $21.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IAF and 7 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $381K. The largest seller was City of London Investment Management, exiting entirely with an estimated $2.68M sold.
- 33 institutional investors held abrdn Australia Equity Fund (IAF) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $16.2M of abrdn Australia Equity Fund stock for Q2 2016, down 25% quarter-over-quarter.
- 7 funds opened new abrdn Australia Equity Fund positions in Q2 2016 and 8 closed out, a net change of -1 holder.
- The largest abrdn Australia Equity Fund buyer in Q2 2016 was Morgan Stanley, an estimated $381K added.
- The largest abrdn Australia Equity Fund seller in Q2 2016 was City of London Investment Management, an estimated $2.68M sold.
Based on aggregated 13F filings for Q2 2016.