abrdn Global Dynamic Dividend Fund
AGD
26 hedge funds and large institutions have $17M invested in abrdn Global Dynamic Dividend Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more capital invested
Capital invested by funds: $13.6M → $17M (+$3.36M)
1.14% more ownership
Funds ownership: 5.8% → 6.93% (+1.1%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
4% less funds holding
Funds holding: 27 → 26 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.19M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$182K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$118K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$77.6K |
| 5 |
SCM
Saba Capital Management
New York
|
+$64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$470K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$192K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$67.1K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$63K |
| 5 |
LPL Financial
San Diego,
California
|
-$52.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | +$4.71K | +500 | New |
|
|
FM
27
Forward Management
San Francisco,
California
| $2K | – | – | – |
|
|
BBPWM
28
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$192K | -20,830 | Closed |
|
|
COLIM
29
City of London Investment Management
London,
United Kingdom
| – | -$63K | -6,863 | Closed |
|
30
Creative Planning
Overland Park,
Kansas
| – | -$9K | -1,008 | Closed |
|
|
AIG
31
American International Group
New York
| – | -$4.6K | -500 | Closed |
|
AGD Hedge Fund Activity: Q3 2013 in Review
26 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2013, worth a combined $17M — up 25% from $13.6M a quarter earlier.
Fund positioning in AGD was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.19M. The largest seller was Wolverine Asset Management, cutting an estimated $470K.
- 26 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2013, down from 27 in Q2 2013.
- Funds reported $17M of abrdn Global Dynamic Dividend Fund stock for Q3 2013, up 25% quarter-over-quarter.
- 5 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2013 was Morgan Stanley, an estimated $3.19M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q3 2013 was Wolverine Asset Management, an estimated $470K sold.
Based on aggregated 13F filings for Q3 2013.