abrdn Global Dynamic Dividend Fund
AGD
70 hedge funds and large institutions have $53.4M invested in abrdn Global Dynamic Dividend Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 9 closing their positions.
0.21% less ownership
Funds ownership: 49.35% → 49.14% (-0.21%)
9% less funds holding
Funds holding: 77 → 70 (-7)
10% less capital invested
Capital invested by funds: $59.1M → $53.4M (-$5.68M)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.29M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.24M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$760K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$750K |
| 5 |
Cerity Partners
New York
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$2.71M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$909K |
| 3 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$613K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$391K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IGWM
76
ICA Group Wealth Management
Denver,
Colorado
| – | -$8.29K | -869 | Closed |
|
|
AF
77
Allworth Financial
Folsom,
California
| – | -$7.45K | -781 | Closed |
|
78
JP Morgan Chase
New York
| – | -$3.55K | -372 | Closed |
|
|
EWA
79
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$286 | -30 | Closed |
|
AGD Hedge Fund Activity: Q3 2023 in Review
70 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2023, worth a combined $53.4M — down 9.6% from $59.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of AGD and 4 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 21 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.29M. The largest seller was Heron Bay Capital Management, exiting entirely with an estimated $2.71M sold.
- 70 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2023, down from 77 in Q2 2023.
- Funds reported $53.4M of abrdn Global Dynamic Dividend Fund stock for Q3 2023, down 9.6% quarter-over-quarter.
- 4 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2023 and 9 closed out, a net change of -5 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $1.29M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q3 2023 was Heron Bay Capital Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q3 2023.