abrdn Global Dynamic Dividend Fund
AGD
21 hedge funds and large institutions have $23.2M invested in abrdn Global Dynamic Dividend Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0.54% more ownership
Funds ownership: 18.09% → 18.63% (+0.54%)
3% less capital invested
Capital invested by funds: $23.9M → $23.2M (-$725K)
5% less funds holding
Funds holding: 22 → 21 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$684K |
| 2 |
Morgan Stanley
New York
|
+$399K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$301K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$241K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$378K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$369K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$234K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$200K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$123K |
AGD Hedge Fund Activity: Q3 2014 in Review
21 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2014, worth a combined $23.2M — down 3% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of AGD and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was Robinson Capital Management, adding an estimated $684K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $378K.
- 21 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2014, down from 22 in Q2 2014.
- Funds reported $23.2M of abrdn Global Dynamic Dividend Fund stock for Q3 2014, down 3% quarter-over-quarter.
- 4 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2014 was Robinson Capital Management, an estimated $684K added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q3 2014 was Thomas J. Herzfeld Advisors, an estimated $378K sold.
Based on aggregated 13F filings for Q3 2014.