Aberdeen India Fund
IFN
87 hedge funds and large institutions have $222M invested in Aberdeen India Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 10 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
4% more funds holding
Funds holding: 84 → 87 (+3)
1.56% less ownership
Funds ownership: 33.22% → 31.66% (-1.6%)
10% less capital invested
Capital invested by funds: $247M → $222M (-$24.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.81M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.43M |
| 3 |
PHIMC
Private Harbour Investment Management & Counsel
Sagamore Hills,
Ohio
|
+$1.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.13M |
| 5 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$9.52M |
| 2 |
Lazard Asset Management
New York
|
-$4.7M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$3.97M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.11M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
-$748K |
IFN Hedge Fund Activity: Q1 2018 in Review
87 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Aberdeen India Fund (IFN) for Q1 2018, worth a combined $222M — down 10% from $247M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IFN positions and 10 closed out — a net gain of 3 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $1.81M. The largest seller was City of London Investment Management, cutting an estimated $9.52M.
- 87 institutional investors held Aberdeen India Fund (IFN) as of Q1 2018, up from 84 in Q4 2017.
- Funds reported $222M of Aberdeen India Fund stock for Q1 2018, down 10% quarter-over-quarter.
- 13 funds opened new Aberdeen India Fund positions in Q1 2018 and 10 closed out, a net change of +3 holders.
- The largest Aberdeen India Fund buyer in Q1 2018 was Curi RMB Capital, an estimated $1.81M added.
- The largest Aberdeen India Fund seller in Q1 2018 was City of London Investment Management, an estimated $9.52M sold.
Based on aggregated 13F filings for Q1 2018.