abrdn Global Dynamic Dividend Fund
AGD
32 hedge funds and large institutions have $42.3M invested in abrdn Global Dynamic Dividend Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less capital invested
Capital invested by funds: $43.1M → $42.3M (-$727K)
2.18% less ownership
Funds ownership: 35.17% → 32.99% (-2.2%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.6M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.01M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$811K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$593K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.34M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.27M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.1M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.25M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$970K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $24K | – | – | – |
|
|
GT
27
Glenmede Trust
Philadelphia,
Pennsylvania
| $21K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $20K | +$20.1K | +2,000 | New |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$503 | +50 | +10% |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $3K | – | – | – |
|
31
Citigroup
New York
| $1K | – | – | – |
|
32
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
KIM
33
Karpus Investment Management
Pittsford,
New York
| – | -$2.1M | -215,489 | Closed |
|
|
AA
34
AQR Arbitrage
Greenwich,
Connecticut
| – | -$251K | -25,730 | Closed |
|
|
GC
35
Guggenheim Capital
Chicago,
Illinois
| – | -$223K | -22,808 | Closed |
|
|
BC
36
Brinker Capital
Berwyn,
Pennsylvania
| – | -$169K | -17,307 | Closed |
|
AGD Hedge Fund Activity: Q2 2017 in Review
32 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q2 2017, worth a combined $42.3M — down 1.7% from $43.1M a quarter earlier.
Fund positioning in AGD was balanced in Q2 2017: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 10 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.6M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.34M.
- 32 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $42.3M of abrdn Global Dynamic Dividend Fund stock for Q2 2017, down 1.7% quarter-over-quarter.
- 4 funds opened new abrdn Global Dynamic Dividend Fund positions in Q2 2017 and 4 closed out, a net change of 0 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q2 2017 was Sit Investment Associates, an estimated $8.6M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q2 2017 was Rivernorth Capital Management, an estimated $5.34M sold.
Based on aggregated 13F filings for Q2 2017.