Voya Global Advantage and Premium Opportunity Fund
IGA
38 hedge funds and large institutions have $72.1M 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, 11 reducing their positions, and 7 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
34% more capital invested
Capital invested by funds: $53.7M → $72.1M (+$18.3M)
2.24% less ownership
Funds ownership: 34.65% → 32.41% (-2.2%)
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 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$1.38M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$910K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$403K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.71M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.42M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$348K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$281K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$244K |
IGA Hedge Fund Activity: Q1 2024 in Review
38 of the 6,942 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 $72.1M — up 34% from $53.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IGA and 1 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 20 added.
The largest buyer was Saba Capital Management, adding an estimated $1.48M. The largest seller was Morgan Stanley, cutting an estimated $4.71M.
- 38 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q1 2024, down from 45 in Q4 2023.
- Funds reported $72.1M of Voya Global Advantage and Premium Opportunity Fund stock for Q1 2024, up 34% 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 Morgan Stanley, an estimated $4.71M sold.
Based on aggregated 13F filings for Q1 2024.