abrdn Global Dynamic Dividend Fund
AGD
27 hedge funds and large institutions have $41.2M invested in abrdn Global Dynamic Dividend Fund in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3% less capital invested
Capital invested by funds: $42.3M → $41.2M (-$1.19M)
2.08% less ownership
Funds ownership: 32.99% → 30.91% (-2.1%)
16% less funds holding
Funds holding: 32 → 27 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.11M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$558K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$278K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$215K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.46M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.29M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.02M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$603K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $3K | – | – | – |
|
|
RCM
27
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.29M | -126,490 | Closed |
|
|
SFS
28
Shaker Financial Services
Arlington,
Virginia
| – | -$603K | -58,913 | Closed |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| – | -$212K | -20,752 | Closed |
|
|
CA
30
Cornerstone Advisors
Asheville,
North Carolina
| – | -$169K | -16,539 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$1K | -93 | Closed |
|
32
Citigroup
New York
| – | -$270 | -26 | -53% |
|
AGD Hedge Fund Activity: Q3 2017 in Review
27 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2017, worth a combined $41.2M — down 2.8% from $42.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of AGD and 0 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Invesco, adding an estimated $1.11M. The largest seller was Saba Capital Management, cutting an estimated $1.46M.
- 27 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2017, down from 32 in Q2 2017.
- Funds reported $41.2M of abrdn Global Dynamic Dividend Fund stock for Q3 2017, down 2.8% quarter-over-quarter.
- 0 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2017 and 5 closed out, a net change of -5 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2017 was Invesco, an estimated $1.11M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q3 2017 was Saba Capital Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2017.