Voya Global Advantage and Premium Opportunity Fund
IGA
39 hedge funds and large institutions have $50M invested in Voya Global Advantage and Premium Opportunity Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
18% more funds holding
Funds holding: 33 → 39 (+6)
5% more capital invested
Capital invested by funds: $47.4M → $50M (+$2.56M)
2.17% more ownership
Funds ownership: 25.54% → 27.7% (+2.2%)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.06M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.05M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$980K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$784K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$739K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.91M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.61M |
| 3 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
-$1.08M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$429K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$278K |
IGA Hedge Fund Activity: Q4 2016 in Review
39 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q4 2016, worth a combined $50M — up 5.4% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IGA positions and 1 closed out — a net gain of 6 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.06M. The largest seller was Advisors Asset Management, cutting an estimated $1.91M.
- 39 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q4 2016, up from 33 in Q3 2016.
- Funds reported $50M of Voya Global Advantage and Premium Opportunity Fund stock for Q4 2016, up 5.4% quarter-over-quarter.
- 7 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q4 2016 was Karpus Investment Management, an estimated $3.06M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2016.