abrdn Global Dynamic Dividend Fund
AGD
33 hedge funds and large institutions have $39.1M invested in abrdn Global Dynamic Dividend Fund in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
22% more funds holding
Funds holding: 27 → 33 (+6)
5% less capital invested
Capital invested by funds: $41.2M → $39.1M (-$2.02M)
2.05% less ownership
Funds ownership: 30.91% → 28.85% (-2.1%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.49M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$327K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$210K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$181K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.79M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.6M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$723K |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$606K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
26
MGO One Seven
Beachwood,
Ohio
| $9K | +$8.71K | +818 | New |
|
|
SWM
27
SeaCrest Wealth Management
Purchase,
New York
| $8K | +$7.91K | +743 | New |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$21 | +2 | +0.5% |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $5K | +$5.63K | +529 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $4K | -$24.1K | -2,264 | -86% |
|
|
SWP
31
Stratos Wealth Partners
Beachwood,
Ohio
| $4K | +$3.99K | +375 | New |
|
|
CA
32
Calton & Associates
Tampa,
Florida
| $2K | +$2.18K | +205 | New |
|
|
33
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$606K | -57,100 | Closed |
|
|
GT
34
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$23K | -2,250 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$3K | -250 | Closed |
|
AGD Hedge Fund Activity: Q4 2017 in Review
33 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2017, worth a combined $39.1M — down 4.9% from $41.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AGD positions and 3 closed out — a net gain of 6 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.49M. The largest seller was Saba Capital Management, cutting an estimated $2.79M.
- 33 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2017, up from 27 in Q3 2017.
- Funds reported $39.1M of abrdn Global Dynamic Dividend Fund stock for Q4 2017, down 4.9% quarter-over-quarter.
- 9 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2017 and 3 closed out, a net change of +6 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2017 was Shaker Financial Services, an estimated $2.49M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q4 2017 was Saba Capital Management, an estimated $2.79M sold.
Based on aggregated 13F filings for Q4 2017.