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IGA

Voya Global Advantage and Premium Opportunity Fund

47 hedge funds and large institutions have $43.5M invested in Voya Global Advantage and Premium Opportunity Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

17% more capital invested

Capital invested by funds: $37.2M → $43.5M (+$6.28M)

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

7% more funds holding

Funds holding: 4447 (+3)

4.85% more ownership

Funds ownership: 23.94%28.78% (+4.8%)

Holders
47
Holders Change
+3
Holders Change %
+6.82%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
16
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$7.98M +$1.67M +198,396 +26%
SCM
2
Saba Capital Management
New York
$6.33M +$4.07M +484,630 +174%
Morgan Stanley
3
Morgan Stanley
New York
$5.02M -$239K -28,471 -4%
Bank of America
4
Bank of America
North Carolina
$3.87M +$482K +57,416 +14%
KIM
5
Karpus Investment Management
New York
$3.37M +$2.59M +308,999 +318%
Invesco
6
Invesco
Georgia
$2.26M -$586K -69,815 -20%
SFS
7
Shaker Financial Services
Virginia
$1.91M -$831K -98,974 -30%
UBS Group
8
UBS Group
Switzerland
$1.84M +$54K +6,431 +3%
IWC
9
Integrated Wealth Concepts
Massachusetts
$1.42M -$2.52K -300 -0.2%
AA
10
AQR Arbitrage
Connecticut
$1.33M +$747K +89,028 +124%
GC
11
Guggenheim Capital
Illinois
$1.03M -$587K -69,929 -36%
RRA
12
Round Rock Advisors
Connecticut
$963K +$13.4K +1,600 +1%
1CP
13
1607 Capital Partners
Virginia
$849K
Osaic Holdings
14
Osaic Holdings
Arizona
$748K +$232K +27,592 +44%
LPL Financial
15
LPL Financial
California
$601K -$98.7K -11,754 -14%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$515K -$1.44K -171 -0.3%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$422K
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$258K -$47.9K -5,712 -16%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$238K +$495 +59 +0.2%
WAM
20
Wolverine Asset Management
Illinois
$212K -$182K -21,697 -46%
NAS
21
NWF Advisory Services
California
$190K
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$181K +$88.1K +10,500 +93%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$173K +$62.2K +7,415 +55%
GAA
24
Global Assets Advisory
Florida
$169K
KA
25
Kovack Advisors
Florida
$165K +$76.4K +9,107 +84%

IGA Hedge Fund Activity: Q3 2023 in Review

47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q3 2023, worth a combined $43.5M — up 17% from $37.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new IGA positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 14 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $4.07M. The largest seller was Shaker Financial Services, cutting an estimated $831K.

  • 47 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q3 2023, up from 44 in Q2 2023.
  • Funds reported $43.5M of Voya Global Advantage and Premium Opportunity Fund stock for Q3 2023, up 17% quarter-over-quarter.
  • 7 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q3 2023 and 4 closed out, a net change of +3 holders.
  • The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q3 2023 was Saba Capital Management, an estimated $4.07M added.
  • The largest Voya Global Advantage and Premium Opportunity Fund seller in Q3 2023 was Shaker Financial Services, an estimated $831K sold.

Based on aggregated 13F filings for Q3 2023.