Voya Global Advantage and Premium Opportunity Fund
IGA
43 hedge funds and large institutions have $47.1M invested in Voya Global Advantage and Premium Opportunity Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 7 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
12% more capital invested
Capital invested by funds: $41.9M → $47.1M (+$5.11M)
2.86% more ownership
Funds ownership: 27.97% → 30.83% (+2.9%)
2% less funds holding
Funds holding: 44 → 43 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.93M |
| 2 |
Morgan Stanley
New York
|
+$2.57M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.14M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$381K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.06M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$684K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$457K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$280K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$249K |
IGA Hedge Fund Activity: Q3 2020 in Review
43 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q3 2020, worth a combined $47.1M — up 12% from $41.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IGA and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.93M. The largest seller was Wolverine Asset Management, cutting an estimated $2.06M.
- 43 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q3 2020, down from 44 in Q2 2020.
- Funds reported $47.1M of Voya Global Advantage and Premium Opportunity Fund stock for Q3 2020, up 12% quarter-over-quarter.
- 6 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q3 2020 and 7 closed out, a net change of -1 holder.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q3 2020 was Saba Capital Management, an estimated $3.93M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q3 2020 was Wolverine Asset Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q3 2020.