abrdn Global Dynamic Dividend Fund
AGD
36 hedge funds and large institutions have $31M invested in abrdn Global Dynamic Dividend Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 33 → 36 (+3)
0.39% less ownership
Funds ownership: 29.59% → 29.2% (-0.39%)
3% less capital invested
Capital invested by funds: $31.8M → $31M (-$813K)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.05M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$297K |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$224K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$166K |
| 5 |
RVPG
Relative Value Partners Group
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.18M |
| 2 |
Morgan Stanley
New York
|
-$406K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$337K |
| 4 |
SG Americas Securities
New York
|
-$297K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BKS Advisors
Southfield,
Michigan
| $85K | +$85.2K | +10,000 | New |
|
|
GFM
27
Gramercy Funds Management
Greenwich,
Connecticut
| $80K | -$14.5K | -1,700 | -15% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $54K | +$54.2K | +6,362 | New |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $51K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $34K | +$34.4K | +4,030 | New |
|
|
GT
31
Glenmede Trust
Philadelphia,
Pennsylvania
| $19K | – | – | – |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $19K | +$19.6K | +2,300 | New |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $9K | +$205 | +24 | +2% |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$26 | +3 | +0.6% |
|
|
PFG
35
Piershale Financial Group
Barrington,
Illinois
| $2K | – | – | – |
|
36
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
37
SG Americas Securities
New York
| – | -$297K | -34,800 | Closed |
|
38
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$99K | -11,608 | Closed |
|
|
TRCT
39
Tower Research Capital (TRC)
New York
| – | -$2K | -184 | Closed |
|
AGD Hedge Fund Activity: Q2 2016 in Review
36 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q2 2016, worth a combined $31M — down 2.6% from $31.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new AGD positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.05M. The largest seller was Advisors Asset Management, cutting an estimated $1.18M.
- 36 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q2 2016, up from 33 in Q1 2016.
- Funds reported $31M of abrdn Global Dynamic Dividend Fund stock for Q2 2016, down 2.6% quarter-over-quarter.
- 6 funds opened new abrdn Global Dynamic Dividend Fund positions in Q2 2016 and 3 closed out, a net change of +3 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q2 2016 was Rivernorth Capital Management, an estimated $1.05M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q2 2016 was Advisors Asset Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2016.