Voya Global Advantage and Premium Opportunity Fund
IGA
28 hedge funds and large institutions have $57.5M invested in Voya Global Advantage and Premium Opportunity Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 10 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
2.72% less ownership
Funds ownership: 28.92% → 26.2% (-2.7%)
8% less capital invested
Capital invested by funds: $62.4M → $57.5M (-$4.91M)
18% less funds holding
Funds holding: 34 → 28 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.24M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$671K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$328K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$311K |
| 5 |
AIG
American International Group
New York
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.47M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.24M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$582K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$498K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
|
FMII
27
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $5K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | -$5.13K | -436 | -81% |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.7M | -229,815 | Closed |
|
|
TC
30
TFS Capital
West Chester,
Pennsylvania
| – | -$498K | -42,367 | Closed |
|
31
SG Americas Securities
New York
| – | -$436K | -37,104 | Closed |
|
|
FNBT
32
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$332K | -28,215 | Closed |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$133K | -11,335 | Closed |
|
|
KFS
34
KMS Financial Services
Seattle,
Washington
| – | -$119K | -10,100 | Closed |
|
|
EWM
35
Elite Wealth Management
Kirkland,
Washington
| – | -$30K | -2,574 | Closed |
|
|
CCS
36
Crosspoint Capital Strategies
Orinda,
California
| – | -$24K | -2,000 | Closed |
|
|
BBPWM
37
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$12K | -1,000 | Closed |
|
|
DSC
38
Duncker Streett & Co
St. Louis,
Missouri
| – | -$2K | -166 | Closed |
|
IGA Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q1 2014, worth a combined $57.5M — down 7.9% from $62.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IGA and 4 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $1.24M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.7M sold.
- 28 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q1 2014, down from 34 in Q4 2013.
- Funds reported $57.5M of Voya Global Advantage and Premium Opportunity Fund stock for Q1 2014, down 7.9% quarter-over-quarter.
- 4 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q1 2014 and 10 closed out, a net change of -6 holders.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q1 2014 was Karpus Investment Management, an estimated $1.24M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2014.