Voya Global Advantage and Premium Opportunity Fund
IGA
40 hedge funds and large institutions have $50.9M invested in Voya Global Advantage and Premium Opportunity Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 10 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
0.59% less ownership
Funds ownership: 24.88% → 24.29% (-0.59%)
3% less capital invested
Capital invested by funds: $52.5M → $50.9M (-$1.61M)
9% less funds holding
Funds holding: 44 → 40 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.63M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.6M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$666K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$654K |
| 5 |
LPL Financial
San Diego,
California
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.32M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$970K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$925K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$925K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$322K |
IGA Hedge Fund Activity: Q4 2017 in Review
40 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q4 2017, worth a combined $50.9M — down 3.1% from $52.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IGA and 7 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.63M. The largest seller was Saba Capital Management, cutting an estimated $1.32M.
- 40 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q4 2017, down from 44 in Q3 2017.
- Funds reported $50.9M of Voya Global Advantage and Premium Opportunity Fund stock for Q4 2017, down 3.1% quarter-over-quarter.
- 7 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q4 2017 and 10 closed out, a net change of -3 holders.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q4 2017 was Advisors Asset Management, an estimated $2.63M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q4 2017 was Saba Capital Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2017.