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AGD

abrdn Global Dynamic Dividend Fund
AGD

32 hedge funds and large institutions have $35.3M invested in abrdn Global Dynamic Dividend Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $30.9M → $35.3M (+$4.37M)

3.79% more ownership

Funds ownership: 28.29% → 32.08% (+3.8%)

14% less funds holding

Funds holding: 37 → 32 (-5)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
32
Holders Change
-5
Holders Change %
-13.51%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
10
Reduced
14
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$8.87M
2
UBS Group
UBS Group
Switzerland
+$275K
3
KIM
Karpus Investment Management
New York
+$230K
4
LCM
Landscape Capital Management
New Jersey
+$153K
5
RVPG
Relative Value Partners Group
+$100K

Top Sellers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
-$1.82M
2
Morgan Stanley
Morgan Stanley
New York
-$1.62M
3
MC
Matisse Capital
Oregon
-$826K
4
CRC
Curi RMB Capital
Illinois
-$258K
5
RCM
Rivernorth Capital Management
Florida
-$202K
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
26
IFP Advisors
Florida
$52K -$4.17K -487 -8%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$36K +$770 +90 +2%
AG
28
Advisor Group
Arizona
$20K – – –
GT
29
Glenmede Trust
Pennsylvania
$19K +$19.3K +2,250 New
Citigroup
30
Citigroup
New York
$11K +$231 +27 +2%
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$4K +$34 +4 +0.8%
Creative Planning
32
Creative Planning
Kansas
$1K – – –
CRC
33
Curi RMB Capital
Illinois
– -$258K -29,710 Closed
SFS
34
Shaker Financial Services
Virginia
– -$129K -14,800 Closed
DA
35
Doliver Advisors
Texas
– -$123K -14,160 Closed
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
– -$93K -10,743 Closed
JFA
37
JNBA Financial Advisors
Minnesota
– -$52K -6,000 Closed
S
38
SignatureFD
Georgia
– -$52K -6,000 Closed
GFM
39
Gramercy Funds Management
Connecticut
– -$44K -5,000 Closed
MFS
40
MSI Financial Services
Massachusetts
– -$9K -1,080 Closed
1
2

AGD Hedge Fund Activity: Q4 2016 in Review

32 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2016, worth a combined $35.3M — up 14% from $30.9M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of AGD and 3 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 10 added.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $8.87M. The largest seller was Advisors Asset Management, cutting an estimated $1.82M.

  • 32 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2016, down from 37 in Q3 2016.
  • Funds reported $35.3M of abrdn Global Dynamic Dividend Fund stock for Q4 2016, up 14% quarter-over-quarter.
  • 3 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2016 and 8 closed out, a net change of -5 holders.
  • The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2016 was Saba Capital Management, an estimated $8.87M added.
  • The largest abrdn Global Dynamic Dividend Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.82M sold.

Based on aggregated 13F filings for Q4 2016.