abrdn Australia Equity Fund
IAF
25 hedge funds and large institutions have $15.7M invested in abrdn Australia Equity Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 9 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
29% more capital invested
Capital invested by funds: $12.1M → $15.7M (+$3.54M)
1.23% more ownership
Funds ownership: 3.97% → 5.2% (+1.2%)
22% less funds holding
Funds holding: 32 → 25 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.5M |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$608K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$193K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$88.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$94.4K |
| 2 |
Morgan Stanley
New York
|
-$70.3K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$58.4K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$56.8K |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$50.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $4 | – | – | – |
|
|
HNB
27
Huntington National Bank
Columbus,
Ohio
| $4 | – | – | – |
|
28
JP Morgan Chase
New York
| $4 | – | – | – |
|
|
BAM
29
Belpointe Asset Management
Reno,
Nevada
| – | -$94.4K | -7,171 | Closed |
|
|
LCM
30
Landscape Capital Management
Englewood,
New Jersey
| – | -$58.4K | -4,431 | Closed |
|
|
SPC
31
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$56.8K | -4,316 | Closed |
|
|
CWP
32
Cyndeo Wealth Partners
St. Petersburg,
Florida
| – | -$50.1K | -3,803 | Closed |
|
|
WMA
33
West Michigan Advisors
Holland,
Michigan
| – | -$49.1K | -3,726 | Closed |
|
|
CA
34
Cetera Advisors
Denver,
Colorado
| – | -$44.6K | -3,387 | Closed |
|
|
WAM
35
Wolverine Asset Management
Chicago,
Illinois
| – | -$28K | -2,129 | Closed |
|
|
GWM
36
Geneos Wealth Management
Englewood,
Colorado
| – | -$1.48K | -112 | Closed |
|
|
CM
37
Cornerstone Management
Duluth,
Georgia
| – | -$18 | -1 | Closed |
|
IAF Hedge Fund Activity: Q2 2023 in Review
25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q2 2023, worth a combined $15.7M — up 29% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IAF and 2 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 17 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.6M. The largest seller was Belpointe Asset Management, exiting entirely with an estimated $94.4K sold.
- 25 institutional investors held abrdn Australia Equity Fund (IAF) as of Q2 2023, down from 32 in Q1 2023.
- Funds reported $15.7M of abrdn Australia Equity Fund stock for Q2 2023, up 29% quarter-over-quarter.
- 2 funds opened new abrdn Australia Equity Fund positions in Q2 2023 and 9 closed out, a net change of -7 holders.
- The largest abrdn Australia Equity Fund buyer in Q2 2023 was 1607 Capital Partners, an estimated $1.6M added.
- The largest abrdn Australia Equity Fund seller in Q2 2023 was Belpointe Asset Management, an estimated $94.4K sold.
Based on aggregated 13F filings for Q2 2023.