abrdn Global Dynamic Dividend Fund
AGD
69 hedge funds and large institutions have $65.2M invested in abrdn Global Dynamic Dividend Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
2% less capital invested
Capital invested by funds: $66.2M → $65.2M (-$1.02M)
3% less funds holding
Funds holding: 71 → 69 (-2)
2.97% less ownership
Funds ownership: 56.5% → 53.52% (-3%)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$927K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$832K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$321K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$272K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.82M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.23M |
| 3 |
LPL Financial
San Diego,
California
|
-$535K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$466K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$455K |
AGD Hedge Fund Activity: Q1 2024 in Review
69 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q1 2024, worth a combined $65.2M — down 1.5% from $66.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of AGD and 5 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 28 added.
The largest buyer was Saba Capital Management, adding an estimated $927K. The largest seller was Morgan Stanley, cutting an estimated $2.82M.
- 69 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q1 2024, down from 71 in Q4 2023.
- Funds reported $65.2M of abrdn Global Dynamic Dividend Fund stock for Q1 2024, down 1.5% quarter-over-quarter.
- 5 funds opened new abrdn Global Dynamic Dividend Fund positions in Q1 2024 and 6 closed out, a net change of -1 holder.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q1 2024 was Saba Capital Management, an estimated $927K added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q1 2024 was Morgan Stanley, an estimated $2.82M sold.
Based on aggregated 13F filings for Q1 2024.