abrdn Global Dynamic Dividend Fund
AGD
79 hedge funds and large institutions have $54.3M invested in abrdn Global Dynamic Dividend Fund in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 25 increasing their positions, 8 reducing their positions, and 2 closing their positions.
1,650% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 2
213% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 8
75% more capital invested
Capital invested by funds: $31.1M → $54.3M (+$23.2M)
72% more funds holding
Funds holding: 46 → 79 (+33)
21.27% more ownership
Funds ownership: 26.13% → 47.41% (+21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.65M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.45M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.07M |
| 4 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$2.29M |
| 5 |
SCM
Saba Capital Management
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.08M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$85K |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$36.6K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$25.3K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
Centerpoint Advisors
Needham,
Massachusetts
| $1K | +$1.23K | +128 | New |
|
77
Commonwealth Equity Services
Waltham,
Massachusetts
| $719 | +$195K | +20,284 | +36% |
|
|
EWA
78
EverSource Wealth Advisors
Birmingham,
Alabama
| $280 | – | – | – |
|
79
Citigroup
New York
| $56 | +$58 | +6 | New |
|
|
BBPWM
80
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$25K | -2,600 | Closed |
|
|
MCC
81
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$21.3K | -2,250 | Closed |
|
AGD Hedge Fund Activity: Q1 2023 in Review
79 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q1 2023, worth a combined $54.3M — up 75% from $31.1M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new AGD positions and 2 closed out — a net gain of 33 holders — while 25 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.65M. The largest seller was Raymond James & Associates, cutting an estimated $1.08M.
- 79 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q1 2023, up from 46 in Q4 2022.
- Funds reported $54.3M of abrdn Global Dynamic Dividend Fund stock for Q1 2023, up 75% quarter-over-quarter.
- 35 funds opened new abrdn Global Dynamic Dividend Fund positions in Q1 2023 and 2 closed out, a net change of +33 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q1 2023 was LPL Financial, an estimated $3.65M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q1 2023 was Raymond James & Associates, an estimated $1.08M sold.
Based on aggregated 13F filings for Q1 2023.