Voya Global Advantage and Premium Opportunity Fund
IGA
31 hedge funds and large institutions have $32.6M invested in Voya Global Advantage and Premium Opportunity Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more funds holding
Funds holding: 28 → 31 (+3)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
11.78% less ownership
Funds ownership: 26.2% → 14.42% (-12%)
43% less capital invested
Capital invested by funds: $57.5M → $32.6M (-$24.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$716K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$479K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$440K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$122K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$23.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.46M |
| 4 |
Morgan Stanley
New York
|
-$299K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $31K | +$29.6K | +2,487 | New |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $21K | +$476 | +40 | +2% |
|
|
BBPWM
28
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $12K | +$11.9K | +1,000 | New |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | -$37.8K | -3,175 | -84% |
|
|
FMII
30
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $5K | – | – | – |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $1K | +$1.19K | +100 | New |
|
|
AAM
32
Advisors Asset Management
Monument,
Colorado
| – | -$23.9M | -2,001,110 | Closed |
|
33
AQR Capital Management
Greenwich,
Connecticut
| – | -$150K | -12,582 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$143K | -11,915 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
IGA Hedge Fund Activity: Q2 2014 in Review
31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q2 2014, worth a combined $32.6M — down 43% from $57.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IGA positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $716K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $23.9M sold.
- 31 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q2 2014, up from 28 in Q1 2014.
- Funds reported $32.6M of Voya Global Advantage and Premium Opportunity Fund stock for Q2 2014, down 43% quarter-over-quarter.
- 7 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q2 2014 and 4 closed out, a net change of +3 holders.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q2 2014 was Wolverine Asset Management, an estimated $716K added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q2 2014 was Advisors Asset Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q2 2014.