Aberdeen India Fund
IFN
71 hedge funds and large institutions have $287M invested in Aberdeen India Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more capital invested
Capital invested by funds: $216M → $287M (+$71M)
4.73% more ownership
Funds ownership: 30.89% → 35.61% (+4.7%)
9% less call options, than puts
Call options by funds: $129K | Put options by funds: $141K
4% less funds holding
Funds holding: 74 → 71 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.08M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$5.45M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.56M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.6M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.59M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.19M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.18M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$931K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
76
Scotia Capital
Toronto,
Ontario, Canada
| – | -$210K | -10,450 | Closed |
|
|
BCM
77
Blume Capital Management
Berkeley,
California
| – | -$65K | -3,267 | Closed |
|
78
Group One Trading
Chicago,
Illinois
| – | -$48.8K | -2,390 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$10K | -498 | Closed |
|
|
LFR
80
Lehman Financial Resources
Media,
Pennsylvania
| – | -$5K | -252 | Closed |
|
81
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -204 | Closed |
|
|
BAM
82
Brave Asset Management
Summit,
New Jersey
| – | -$4K | -189 | Closed |
|
|
ACM
83
Aviance Capital Management
Sarasota,
Florida
| – | -$3K | -158 | Closed |
|
IFN Hedge Fund Activity: Q1 2014 in Review
71 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Aberdeen India Fund (IFN) for Q1 2014, worth a combined $287M — up 33% from $216M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IFN and 10 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $14.9M. The largest seller was TFS Capital, exiting entirely with an estimated $1.6M sold.
- 71 institutional investors held Aberdeen India Fund (IFN) as of Q1 2014, down from 74 in Q4 2013.
- Funds reported $287M of Aberdeen India Fund stock for Q1 2014, up 33% quarter-over-quarter.
- 10 funds opened new Aberdeen India Fund positions in Q1 2014 and 13 closed out, a net change of -3 holders.
- The largest Aberdeen India Fund buyer in Q1 2014 was Susquehanna International Group, an estimated $14.9M added.
- The largest Aberdeen India Fund seller in Q1 2014 was TFS Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2014.