abrdn Australia Equity Fund
IAF
34 hedge funds and large institutions have $18.2M invested in abrdn Australia Equity Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 33 → 34 (+1)
0.81% less ownership
Funds ownership: 5.18% → 4.37% (-0.81%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
15% less capital invested
Capital invested by funds: $21.4M → $18.2M (-$3.27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$198K |
| 2 |
Morgan Stanley
New York
|
+$65.4K |
| 3 |
EFSCE
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
|
+$61.3K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$22.6K |
| 5 |
GS
Girard Securities
San Diego,
California
|
+$8.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.89M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$636K |
| 3 |
LPL Financial
San Diego,
California
|
-$494K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$170K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
26
Financial Architects (New Jersey)
Marlton,
New Jersey
| $30K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $28K | +$6.14K | +334 | +28% |
|
|
NA
28
NewEdge Advisors
New Orleans,
Louisiana
| $22.4K | +$22.6K | +1,229 | New |
|
|
DSC
29
Duncker Streett & Co
St. Louis,
Missouri
| $11K | +$294 | +16 | +3% |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $9K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$129 | +7 | +2% |
|
|
BWA
32
BDO Wealth Advisors
Jacksonville,
Florida
| $3K | +$2.94K | +160 | New |
|
|
GWM
33
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
GRP
34
Global Retirement Partners
San Rafael,
California
| $1K | – | – | – |
|
|
CA
35
Cornerstone Advisors
Asheville,
North Carolina
| – | -$636K | -34,960 | Closed |
|
|
CWM
36
Concert Wealth Management
San Jose,
California
| – | -$170K | -10,344 | Closed |
|
|
CCP
37
Clough Capital Partners
Boston,
Massachusetts
| – | -$167K | -9,167 | Closed |
|
|
TSW
38
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$1K | -33 | Closed |
|
IAF Hedge Fund Activity: Q2 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q2 2017, worth a combined $18.2M — down 15% from $21.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IAF positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $198K. The largest seller was Wells Fargo, cutting an estimated $1.89M.
- 34 institutional investors held abrdn Australia Equity Fund (IAF) as of Q2 2017, up from 33 in Q1 2017.
- Funds reported $18.2M of abrdn Australia Equity Fund stock for Q2 2017, down 15% quarter-over-quarter.
- 5 funds opened new abrdn Australia Equity Fund positions in Q2 2017 and 4 closed out, a net change of +1 holder.
- The largest abrdn Australia Equity Fund buyer in Q2 2017 was Guggenheim Capital, an estimated $198K added.
- The largest abrdn Australia Equity Fund seller in Q2 2017 was Wells Fargo, an estimated $1.89M sold.
Based on aggregated 13F filings for Q2 2017.