Voya Global Advantage and Premium Opportunity Fund
IGA
39 hedge funds and large institutions have $43.5M invested in Voya Global Advantage and Premium Opportunity Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 38 → 39 (+1)
4.55% less ownership
Funds ownership: 31.53% → 26.99% (-4.5%)
16% less capital invested
Capital invested by funds: $51.9M → $43.5M (-$8.41M)
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$892K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$483K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$415K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$345K |
| 5 |
KP
Keel Point
Huntsville,
Alabama
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.48M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$746K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$693K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$674K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$505K |
IGA Hedge Fund Activity: Q2 2024 in Review
39 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Voya Global Advantage and Premium Opportunity Fund (IGA) for Q2 2024, worth a combined $43.5M — down 16% from $51.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IGA positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 18 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $892K. The largest seller was Saba Capital Management, cutting an estimated $5.48M.
- 39 institutional investors held Voya Global Advantage and Premium Opportunity Fund (IGA) as of Q2 2024, up from 38 in Q1 2024.
- Funds reported $43.5M of Voya Global Advantage and Premium Opportunity Fund stock for Q2 2024, down 16% quarter-over-quarter.
- 6 funds opened new Voya Global Advantage and Premium Opportunity Fund positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest Voya Global Advantage and Premium Opportunity Fund buyer in Q2 2024 was Advisors Asset Management, an estimated $892K added.
- The largest Voya Global Advantage and Premium Opportunity Fund seller in Q2 2024 was Saba Capital Management, an estimated $5.48M sold.
Based on aggregated 13F filings for Q2 2024.