Voya Global Advantage and Premium Opportunity Fund
IGA
38 hedge funds and large institutions have $51.9M invested in Voya Global Advantage and Premium Opportunity Fund in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
6% more capital invested
Capital invested by funds: $49M → $51.9M (+$2.84M)
0.09% less ownership
Funds ownership: 31.62% → 31.53% (-0.09%)
16% less funds holding
Funds holding: 45 → 38 (-7)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.48M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$910K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$403K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$285K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.42M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$348K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$281K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$244K |
| 5 |
RRA
Round Rock Advisors
Wilton,
Connecticut
|
-$124K |
IGA Hedge Fund Activity: Q1 2024 in Review
38 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q1 2024, worth a combined $51.9M — up 5.8% from $49M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IGA and 1 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 20 added.
The largest buyer was Saba Capital Management, adding an estimated $1.48M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.42M sold.
- 38 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q1 2024, down from 45 in Q4 2023.
- Funds reported $51.9M of Voya Global Advantage and Premium Opportunity Fund stock for Q1 2024, up 5.8% quarter-over-quarter.
- 1 fund opened new Voya Global Advantage and Premium Opportunity Fund positions in Q1 2024 and 7 closed out, a net change of -6 holders.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q1 2024 was Saba Capital Management, an estimated $1.48M added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q1 2024 was Sit Investment Associates, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2024.