abrdn Australia Equity Fund
IAF
33 hedge funds and large institutions have $21.4M invested in abrdn Australia Equity Fund in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 32 → 33 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
1.04% less ownership
Funds ownership: 16.59% → 15.55% (-1%)
64% less capital inflows, than outflows
Capital inflows: $770K | Capital outflows: $2.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Clough Capital Partners
Boston,
Massachusetts
|
+$163K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$126K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$121K |
| 4 |
1607 Capital Partners
Richmond,
Virginia
|
+$109K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$89.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Trust Asset Management
Houston,
Texas
|
-$1.13M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$264K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$235K |
| 4 |
Morgan Stanley
New York
|
-$155K |
| 5 |
AGM
Alpine Global Management
New York
|
-$100K |
IAF Hedge Fund Activity: Q1 2017 in Review
33 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in abrdn Australia Equity Fund (IAF) for Q1 2017, worth a combined $21.4M — up 4.2% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IAF positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $163K. The largest seller was Trust Asset Management, exiting entirely with an estimated $1.13M sold.
- 33 institutional investors held abrdn Australia Equity Fund (IAF) as of Q1 2017, up from 32 in Q4 2016.
- Funds reported $21.4M of abrdn Australia Equity Fund stock for Q1 2017, up 4.2% quarter-over-quarter.
- 4 funds opened new abrdn Australia Equity Fund positions in Q1 2017 and 3 closed out, a net change of +1 holder.
- The largest abrdn Australia Equity Fund buyer in Q1 2017 was Clough Capital Partners, an estimated $163K added.
- The largest abrdn Australia Equity Fund seller in Q1 2017 was Trust Asset Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2017.