abrdn Australia Equity Fund
IAF
31 hedge funds and large institutions have $14.1M invested in abrdn Australia Equity Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more funds holding
Funds holding: 28 → 31 (+3)
0.57% less ownership
Funds ownership: 3.82% → 3.24% (-0.57%)
12% less capital invested
Capital invested by funds: $16M → $14.1M (-$1.9M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$112K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$101K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$94.3K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$90.9K |
| 5 |
VF
Virtu Financial
New York
|
+$79.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.23M |
| 2 |
LPL Financial
San Diego,
California
|
-$696K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$667K |
| 4 |
Morgan Stanley
New York
|
-$72.6K |
| 5 |
AGM
Alpine Global Management
New York
|
-$65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$151 | +8 | +3% |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | -$19.2K | -1,018 | -83% |
|
|
SWM
28
SeaCrest Wealth Management
Purchase,
New York
| $4K | +$3.78K | +200 | New |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$2.51K | +133 | New |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
GRP
31
Global Retirement Partners
San Rafael,
California
| $1K | – | – | – |
|
|
GS
32
Girard Securities
San Diego,
California
| – | -$166K | -9,000 | Closed |
|
|
AGM
33
Alpine Global Management
New York
| – | -$65K | -3,519 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$32K | -1,738 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$9K | -500 | Closed |
|
IAF Hedge Fund Activity: Q4 2017 in Review
31 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q4 2017, worth a combined $14.1M — down 12% from $16M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IAF positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Institute for Wealth Management, opening a new position worth an estimated $112K. The largest seller was Wells Fargo, cutting an estimated $1.23M.
- 31 institutional investors held abrdn Australia Equity Fund (IAF) as of Q4 2017, up from 28 in Q3 2017.
- Funds reported $14.1M of abrdn Australia Equity Fund stock for Q4 2017, down 12% quarter-over-quarter.
- 7 funds opened new abrdn Australia Equity Fund positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest abrdn Australia Equity Fund buyer in Q4 2017 was Institute for Wealth Management, an estimated $112K added.
- The largest abrdn Australia Equity Fund seller in Q4 2017 was Wells Fargo, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2017.