abrdn Global Dynamic Dividend Fund
AGD
32 hedge funds and large institutions have $43.1M invested in abrdn Global Dynamic Dividend Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 3 closing their positions.
22% more capital invested
Capital invested by funds: $35.3M → $43.1M (+$7.76M)
3.09% more ownership
Funds ownership: 32.08% → 35.17% (+3.1%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.84M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.52M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$461K |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.5M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.21M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.11M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$361K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$289K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $42K | +$812 | +86 | +2% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $22K | – | – | – |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| $21K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | -$123 | -13 | -3% |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $3K | +$2.36K | +250 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$361K | -41,166 | Closed |
|
|
MC
33
Matisse Capital
Portland,
Oregon
| – | -$289K | -32,900 | Closed |
|
|
BBPWM
34
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$125K | -14,163 | Closed |
|
35
Citigroup
New York
| – | -$11.8K | -1,253 | -96% |
|
AGD Hedge Fund Activity: Q1 2017 in Review
32 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q1 2017, worth a combined $43.1M — up 22% from $35.3M a quarter earlier.
Fund positioning in AGD was balanced in Q1 2017: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.84M. The largest seller was Saba Capital Management, cutting an estimated $1.5M.
- 32 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $43.1M of abrdn Global Dynamic Dividend Fund stock for Q1 2017, up 22% quarter-over-quarter.
- 3 funds opened new abrdn Global Dynamic Dividend Fund positions in Q1 2017 and 3 closed out, a net change of 0 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q1 2017 was Rivernorth Capital Management, an estimated $4.84M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q1 2017 was Saba Capital Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q1 2017.