Voya Global Advantage and Premium Opportunity Fund
IGA
44 hedge funds and large institutions have $37.2M invested in Voya Global Advantage and Premium Opportunity Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 3 closing their positions.
1.07% more ownership
Funds ownership: 22.86% → 23.94% (+1.1%)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
5% more capital invested
Capital invested by funds: $35.4M → $37.2M (+$1.77M)
4% less funds holding
Funds holding: 46 → 44 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.67M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.42M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$811K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$726K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.47M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$363K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$242K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$146K |
| 5 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
-$131K |
IGA Hedge Fund Activity: Q2 2023 in Review
44 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q2 2023, worth a combined $37.2M — up 5% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IGA and 2 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $1.67M. The largest seller was Guggenheim Capital, cutting an estimated $2.47M.
- 44 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q2 2023, down from 46 in Q1 2023.
- Funds reported $37.2M of Voya Global Advantage and Premium Opportunity Fund stock for Q2 2023, up 5% quarter-over-quarter.
- 2 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q2 2023 and 3 closed out, a net change of -1 holder.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q2 2023 was Saba Capital Management, an estimated $1.67M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q2 2023 was Guggenheim Capital, an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2023.