abrdn Global Dynamic Dividend Fund
AGD
77 hedge funds and large institutions have $59.1M invested in abrdn Global Dynamic Dividend Fund in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 8 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
9% more capital invested
Capital invested by funds: $54.3M → $59.1M (+$4.77M)
1.94% more ownership
Funds ownership: 47.41% → 49.35% (+1.9%)
3% less funds holding
Funds holding: 79 → 77 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.41M |
| 2 |
Morgan Stanley
New York
|
+$1.03M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.02M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$557K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$549K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.15M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$594K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$571K |
| 4 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
-$533K |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
76
EverSource Wealth Advisors
Birmingham,
Alabama
| $286 | – | – | – |
|
77
Citigroup
New York
| $57 | – | – | – |
|
|
WP
78
Woodline Partners
San Francisco,
California
| – | -$355K | -38,035 | Closed |
|
|
IAIM
79
International Assets Investment Management
Orlando,
Florida
| – | -$137K | -14,724 | Closed |
|
80
Invesco
Atlanta,
Georgia
| – | -$135K | -14,441 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$63.2K | -6,773 | Closed |
|
|
AAS
82
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$39.7K | -4,255 | Closed |
|
83
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$21.7K | -2,325 | Closed |
|
|
HNB
84
Huntington National Bank
Columbus,
Ohio
| – | -$18.7K | -2,000 | Closed |
|
|
BAM
85
Belpointe Asset Management
Reno,
Nevada
| – | -$15.4K | -1,650 | Closed |
|
AGD Hedge Fund Activity: Q2 2023 in Review
77 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q2 2023, worth a combined $59.1M — up 8.8% from $54.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AGD and 6 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 27 added.
The largest buyer was Bank of America, adding an estimated $1.41M. The largest seller was Shaker Financial Services, cutting an estimated $1.15M.
- 77 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q2 2023, down from 79 in Q1 2023.
- Funds reported $59.1M of abrdn Global Dynamic Dividend Fund stock for Q2 2023, up 8.8% quarter-over-quarter.
- 6 funds opened new abrdn Global Dynamic Dividend Fund positions in Q2 2023 and 8 closed out, a net change of -2 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q2 2023 was Bank of America, an estimated $1.41M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q2 2023 was Shaker Financial Services, an estimated $1.15M sold.
Based on aggregated 13F filings for Q2 2023.