INDIA FD INC IFN
COM · Closed-End Fund · CUSIP 454089103
81
institutional holders
-19 vs Q4 2024
6.2m
shares reported held*
$97.7mreported value*
9 new
28 added
19 reduced
26 sold out
net bought ≈ $974.3k (+62.2k shares)
* 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 ≈ $15.77. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 51 |
| Q1 2023 | 62 |
| Q2 2023 | 62 |
| Q3 2023 | 65 |
| Q4 2023 | 69 |
| Q1 2024 | 66 |
| Q2 2024 | 80 |
| Q3 2024 | 92 |
| Q4 2024 | 100 |
| Q1 2025 | 81 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 31 | 17 |
| Q3 2023 | 32 | 13 |
| Q4 2023 | 25 | 18 |
| Q1 2024 | 38 | 17 |
| Q2 2024 | 50 | 23 |
| Q3 2024 | 56 | 24 |
| Q4 2024 | 42 | 36 |
| Q1 2025 | 37 | 45 |
Biggest buyers
| Penserra Capital Management LLC | Added | +702.7k |
| MORGAN STANLEY | Added | +93.3k |
| RAYMOND JAMES FINANCIAL INC | Added | +52.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | New | +45.9k |
| Cetera Investment Advisers | Added | +40.8k |
| Pettinga Financial Advisors LLC | Added | +28.6k |
| LPL Financial LLC | Added | +16.9k |
| Cassaday & Co Wealth Management LLC | New | +16.3k |
| Euro Pacific Asset Management, LLC | New | +14.1k |
| JOURNEY STRATEGIC WEALTH LLC | New | +13.8k |
Biggest sellers
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Reduced | -192.0k |
| TRANSCEND CAPITAL ADVISORS, LLC | Sold out | -146.8k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -109.3k |
| UBS Group AG | Reduced | -73.9k |
| Almitas Capital LLC | Sold out | -51.7k |
| ABSOLUTE INVESTMENT ADVISERS, LLC | Sold out | -48.9k |
| JANE STREET GROUP, LLC | Sold out | -42.4k |
| Focus Partners Wealth | Reduced | -37.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -32.8k |
| Yakira Capital Management, Inc. | Sold out | -28.7k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q1 2025
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)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $18.0k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $22.2m | Added +93.3k |
| Penserra Capital Management LLC 0.27% of their portfolio | 972.9k $15.3m | Added +702.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 527.7k $8.3m | Added +52.5k |
| Cetera Investment Advisers 0.01% of their portfolio | 475.1k $7.5m | Added +40.8k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.27% of their portfolio | 321.9k $5.1m | Reduced -13.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 259.5k $4.1m | Reduced -22.1k |
| STRS OHIO 0.02% of their portfolio | 240.0k $3.8m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 230.6k $3.6m | Reduced -73.9k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 186.6k $2.9m | Added +13.7k |
| LPL Financial LLC 0.00% of their portfolio | 141.8k $2.2m | Added +16.9k |
| Consolidated Portfolio Review Corp 0.29% of their portfolio | 114.3k $1.8m | Added +8.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 106.8k $1.7m | Reduced -4.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 106.2k $1.7m | Reduced -11.2k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.14% of their portfolio | 96.4k $1.5m | Reduced -192.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 83.1k $1.3m | Reduced -1.3k |
| EP Wealth Advisors, LLC 0.01% of their portfolio | 63.4k $999.1k | Reduced -595 |
| Pettinga Financial Advisors LLC 0.20% of their portfolio | 55.1k $868.9k | Added +28.6k |
| Focus Partners Wealth 0.00% of their portfolio | 50.5k $796.5k | Reduced -37.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 45.9k $724.0k | New |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 38.9k $612.8k | Reduced -7.3k |
| Calamos Advisors LLC 0.00% of their portfolio | 38.2k $602.6k | Added +1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 37.4k $589.6k | Reduced -32.8k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 34.9k $550.6k | Added +4.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 33.7k $531.0k | Added +182 |
| KDT Advisors, LLC 0.70% of their portfolio | 30.0k $473.1k | Unchanged |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 29.4k $464.1k | Reduced -5.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 28.9k $455.6k | Added +1.4k |
| Csenge Advisory Group 0.03% of their portfolio | 28.8k $441.1k | Added +4.1k |
| SCHNIEDERS CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 28.7k $452.1k | Reduced -3.4k |
| Robertson Stephens Wealth Management, LLC 0.02% of their portfolio | 28.4k $447.1k | Added +2.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 25.0k $394.2k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 20.7k $326.0k | Added +1.9k |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 19.1k $301.7k | Reduced -1.3k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 18.7k $294.5k | Added +1.5k |
| Pallas Capital Advisors LLC 0.01% of their portfolio | 17.0k $268.1k | Unchanged |
| Cassaday & Co Wealth Management LLC 0.01% of their portfolio | 16.3k $256.9k | New |
| INTEGRITY WEALTH ADVISORS, INC. 0.19% of their portfolio | 16.1k $254.1k | Added +1.4k |
| Roundview Capital LLC 0.02% of their portfolio | 14.4k $227.8k | Unchanged |
| Euro Pacific Asset Management, LLC 0.04% of their portfolio | 14.1k $221.0k | New |
| JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio | 13.8k $217.6k | New |
| Sigma Planning Corp 0.01% of their portfolio | 13.4k $211.8k | New |
| Elequin Capital, LP 0.04% of their portfolio | 13.1k $207.3k | Added +4.0k |
| Waverly Advisors, LLC 0.00% of their portfolio | 12.8k $201.3k | Added +1.0k |
| Keystone Financial Group 0.02% of their portfolio | 12.8k $201.2k | Reduced -686 |
| Rathbones Group PLC 0.00% of their portfolio | 12.6k $198.7k | Added +206 |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio | 12.0k $189.0k | Unchanged |
| NWAM LLC 0.02% of their portfolio | 11.9k $188.1k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 11.9k $187.9k | Added +84 |
| Hudson Portfolio Management LLC 0.16% of their portfolio | 10.8k $170.7k | Reduced -400 |
| Aberdeen Group plc 0.00% of their portfolio | 10.3k $160.7k | New |
| BROWN ADVISORY INC 0.00% of their portfolio | 10.3k $161.7k | New |
| Quantedge Capital Pte Ltd 0.05% of their portfolio | 10.0k $157.7k | Reduced -18.1k |
| BARCLAYS PLC 0.00% of their portfolio | 7.5k $118.9k | Added +395 |
| Parallel Advisors, LLC 0.00% of their portfolio | 4.9k $76.8k | Added +315 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 4.7k $72.7k | Added +768 |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 3.6k $56.8k | Added +188 |
| Noble Wealth Management PBC 0.03% of their portfolio | 3.1k $48.9k | Unchanged |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 1.8k $29.1k | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 1.5k $23.4k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.4k $22.0k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.1k $17.5k | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 1.1k $17.3k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.1k $17.0k | Added +1.1k |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% of their portfolio | 1.1k $17.0k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 832 $13.1k | Unchanged |
| JDM Financial Group LLC 0.01% of their portfolio | 739 $11.7k | Added +59 |
| Fortitude Family Office, LLC 0.00% of their portfolio | 738 $11.6k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 500 $7.9k | Unchanged |
| Park Square Financial Group, LLC 0.00% of their portfolio | 385 $6.1k | Reduced -126 |
| Blume Capital Management, Inc. 0.00% of their portfolio | 358 $5.6k | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 313 $4.9k | Added +23 |
| Cape Investment Advisory, Inc. 0.00% of their portfolio | 205 $3.2k | Unchanged |
| North Star Investment Management Corp. 0.00% of their portfolio | 201 $3.2k | Unchanged |
| FWL INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 115 $1.8k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 110 $1.7k | Unchanged |
| Investors Research Corp 0.00% of their portfolio | 110 $1.7k | Unchanged |
| Murphy & Mullick Capital Management Corp 0.00% of their portfolio | 110 $1.7k | Unchanged |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 100 $1.6k | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio | 10 $158 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 6 $95 | Reduced -637 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |