Aberdeen India Fund
IFN
79 hedge funds and large institutions have $168M invested in Aberdeen India Fund in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
11% more funds holding
Funds holding: 71 → 79 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13.32% less ownership
Funds ownership: 35.61% → 22.3% (-13%)
41% less capital invested
Capital invested by funds: $287M → $168M (-$119M)
43% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 28
63% less call options, than puts
Call options by funds: $152K | Put options by funds: $411K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.77M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$3.26M |
| 3 |
BCM
Beck Capital Management
Austin,
Texas
|
+$1.51M |
| 4 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
+$1.39M |
| 5 |
Jane Street
New York
|
+$788K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$54.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$32.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$14.1M |
| 4 |
Lazard Asset Management
New York
|
-$10.6M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$10.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $2K | -$23.1K | -975 | -93% |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $2K | +$2.08K | +88 | New |
|
|
MAS
78
Madden Advisory Services
Jacksonville,
Florida
| $1K | +$1.18K | +50 | New |
|
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$32.6M | -1,416,636 | Closed |
|
|
BCM
80
Bluefin Capital Management
New York
| – | -$4.9M | -213,615 | Closed |
|
|
BI
81
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$4.91M | -212,902 | Closed |
|
|
KIM
82
Karpus Investment Management
Pittsford,
New York
| – | -$3.31M | -143,469 | Closed |
|
|
GFM
83
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$1.11M | -48,400 | Closed |
|
|
JG
84
Jefferies Group
New York
| – | -$873K | -37,900 | Closed |
|
|
ZL
85
Zeke LP
Berwyn,
Pennsylvania
| – | -$771K | -33,459 | Closed |
|
|
CA
86
Cornerstone Advisors
Asheville,
North Carolina
| – | -$627K | -27,192 | Closed |
|
87
JP Morgan Chase
New York
| – | -$507K | -22,000 | Closed |
|
|
NSAM
88
North Star Asset Management
Neenah,
Wisconsin
| – | -$252K | -10,918 | Closed |
|
IFN Hedge Fund Activity: Q2 2014 in Review
79 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Aberdeen India Fund (IFN) for Q2 2014, worth a combined $168M — down 41% from $287M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IFN positions and 10 closed out — a net gain of 8 holders — while 16 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.77M. The largest seller was City of London Investment Management, cutting an estimated $54.9M.
- 79 institutional investors held Aberdeen India Fund (IFN) as of Q2 2014, up from 71 in Q1 2014.
- Funds reported $168M of Aberdeen India Fund stock for Q2 2014, down 41% quarter-over-quarter.
- 18 funds opened new Aberdeen India Fund positions in Q2 2014 and 10 closed out, a net change of +8 holders.
- The largest Aberdeen India Fund buyer in Q2 2014 was Morgan Stanley, an estimated $5.77M added.
- The largest Aberdeen India Fund seller in Q2 2014 was City of London Investment Management, an estimated $54.9M sold.
Based on aggregated 13F filings for Q2 2014.