ABRDN AUSTRALIA EQUITY FD IN IAF
COM · Closed-End Fund · CUSIP 003011111
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $12.38.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 25 |
| Q1 2026 | 27 |
| Q2 2026 | 27 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2026 | 17 | 6 |
| Q2 2026 | 20 | 7 |
Biggest buyers
| Karpus Management, Inc. | Added | +111.7k |
| Cambridge Investment Research Advisors, Inc. | New | +46.5k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +44.0k |
| Cetera Investment Advisers | Added | +10.5k |
| Allspring Global Investments Holdings, LLC | Added | +9.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +4.7k |
| MORGAN STANLEY | Added | +3.1k |
| Dakota Wealth Management | Added | +2.9k |
| PNC Financial Services Group, Inc. | Added | +1.7k |
| Steward Partners Investment Advisory, LLC | New | +1.4k |
Biggest sellers
| 1607 Capital Partners, LLC | Reduced | -121.8k |
| NWF Advisory Services Inc. | Reduced | -9.5k |
| OSAIC HOLDINGS, INC. | Reduced | -7.5k |
| NewEdge Advisors, LLC | Reduced | -958 |
| Advisory Advocates, LLC | Reduced | -491 |
| US BANCORP \DE\ | Sold out | -40 |
| JPMORGAN CHASE & CO | Sold out | -4 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Allspring Global Investments Holdings, LLC 13G · institution -1.1 pts · filed 2026-04-14 | 15.4% |
| Karpus Management, Inc. 13G · institution +1.1 pts · filed 2026-08-14 | 8.5% |
Fell to 5% or below in the last year: 1607 Capital Partners, LLC (4.8%, 2026-05-15)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 3 | $24.1k | 0 | — | — |
| Q4 2025 | 1 | $4.1k | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 1.5m $18.3m | Added +9.2k |
| Karpus Management, Inc. 0.29% of their portfolio | 822.9k $10.2m | Added +111.7k |
| 1607 Capital Partners, LLC 0.36% of their portfolio | 337.7k $4.2m | Reduced -121.8k |
| Cetera Investment Advisers 0.00% of their portfolio | 318.8k $3.9m | Added +10.5k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 55.1k $682.1k | Added +44.0k |
| MORGAN STANLEY 0.00% of their portfolio | 50.9k $629.9k | Added +3.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 46.5k $576.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 31.0k $383.4k | Reduced -7.5k |
| NWF Advisory Services Inc. 0.03% of their portfolio | 27.1k $334.9k | Reduced -9.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 26.5k $328.3k | Added +4.7k |
| Dakota Wealth Management 0.01% of their portfolio | 23.0k $285.0k | Added +2.9k |
| LPL Financial LLC 0.00% of their portfolio | 19.1k $236.3k | Added +171 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 13.0k $160.9k | Added +1.7k |
| Bridgewealth Advisory Group, LLC 0.03% of their portfolio | 11.7k $145.4k | Added +328 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 11.7k $145.1k | Added +745 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 11.7k $145.0k | Added +1.2k |
| Advisory Advocates, LLC 0.12% of their portfolio | 11.1k $137.0k | Reduced -491 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 8.2k $102.0k | Added +152 |
| Golden State Wealth Management, LLC 0.00% of their portfolio | 2.5k $31.3k | Added +70 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.5k $18.7k | Reduced -958 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 1.4k $17.8k | New |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 1.2k $14.9k | Added +33 |
| UBS Group AG 0.00% of their portfolio | 1.1k $13.9k | Added +40 |
| Triumph Capital Management 0.00% of their portfolio | 333 $4.1k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 115 $1.4k | New |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 100 $1.2k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 11 $136 | New |