abrdn Australia Equity Fund
IAF
32 hedge funds and large institutions have $22.9M invested in abrdn Australia Equity Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
42% more capital invested
Capital invested by funds: $16.2M → $22.9M (+$6.75M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1.56% more ownership
Funds ownership: 4.2% → 5.76% (+1.6%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 33 → 32 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.39M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$671K |
| 3 |
AGM
Alpine Global Management
New York
|
+$181K |
| 4 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$131K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$64.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$597K |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$274K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$224K |
| 4 |
Morgan Stanley
New York
|
-$117K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$60K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $14K | -$19.4K | -1,116 | -59% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | +$174 | +10 | +2% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $1K | -$2.31K | -133 | -67% |
|
|
TSW
30
Thompson Siegel & Walmsley
Richmond,
Virginia
| $1K | – | – | – |
|
|
GFM
31
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$274K | -16,182 | Closed |
|
|
RJFSA
32
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$60K | -3,530 | Closed |
|
33
AssetMark Inc
Concord,
California
| – | -$2K | -97 | Closed |
|
IAF Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q3 2016, worth a combined $22.9M — up 42% from $16.2M a quarter earlier.
Fund positioning in IAF was balanced in Q3 2016: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.39M. The largest seller was Cornerstone Advisors, cutting an estimated $597K.
- 32 institutional investors held abrdn Australia Equity Fund (IAF) as of Q3 2016, down from 33 in Q2 2016.
- Funds reported $22.9M of abrdn Australia Equity Fund stock for Q3 2016, up 42% quarter-over-quarter.
- 3 funds opened new abrdn Australia Equity Fund positions in Q3 2016 and 3 closed out, a net change of 0 holders.
- The largest abrdn Australia Equity Fund buyer in Q3 2016 was Wells Fargo, an estimated $6.39M added.
- The largest abrdn Australia Equity Fund seller in Q3 2016 was Cornerstone Advisors, an estimated $597K sold.
Based on aggregated 13F filings for Q3 2016.