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AGD

abrdn Global Dynamic Dividend Fund

26 hedge funds and large institutions have $17M invested in abrdn Global Dynamic Dividend Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more capital invested

Capital invested by funds: $13.6M → $17M (+$3.36M)

1.14% more ownership

Funds ownership: 5.8%6.93% (+1.1%)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

4% less funds holding

Funds holding: 2726 (-1)

Holders
26
Holders Change
-1
Holders Change %
-3.7%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.45M +$3.19M +339,277 +100%
CA
2
Cornerstone Advisors
North Carolina
$2.54M
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$2.45M +$30.6K +3,250 +1%
SG Americas Securities
4
SG Americas Securities
New York
$1.73M
VAM
5
Visium Asset Management
New York
$653K +$6.18K +657 +1%
DA
6
Doliver Advisors
Texas
$502K +$77.6K +8,244 +19%
LPL Financial
7
LPL Financial
California
$444K -$52.8K -5,607 -11%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$373K
FAM
9
Forty4 Asset Management
Illinois
$366K
WS
10
Wedbush Securities
California
$223K -$2.35K -250 -1%
TC
11
TFS Capital
Pennsylvania
$184K +$182K +19,364 New
GC
12
Guggenheim Capital
Illinois
$129K -$24.6K -2,612 -16%
KFS
13
KMS Financial Services
Washington
$128K +$15.3K +1,625 +14%
AAM
14
Advisors Asset Management
Colorado
$119K +$118K +12,507 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$109K +$1.79K +190 +2%
WAM
16
Wolverine Asset Management
Illinois
$104K -$470K -49,947 -82%
Wells Fargo
17
Wells Fargo
California
$104K -$17.4K -1,847 -14%
FAAS
18
First Allied Advisory Services
California
$89K -$3.53K -375 -4%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$80K +$16.5K +1,758 +26%
SCM
20
Saba Capital Management
New York
$65K +$64K +6,800 New
U
21
UBS
Switzerland
$42K -$67.1K -7,125 -62%
Bank of America
22
Bank of America
North Carolina
$41K
Ameriprise
23
Ameriprise
Minnesota
$24K +$23.5K +2,500 New
Citigroup
24
Citigroup
New York
$22K -$1.51K -161 -7%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$21K +$141 +15 +0.7%

AGD Hedge Fund Activity: Q3 2013 in Review

26 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2013, worth a combined $17M — up 25% from $13.6M a quarter earlier.

Fund positioning in AGD was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 8 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.19M. The largest seller was Wolverine Asset Management, cutting an estimated $470K.

  • 26 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2013, down from 27 in Q2 2013.
  • Funds reported $17M of abrdn Global Dynamic Dividend Fund stock for Q3 2013, up 25% quarter-over-quarter.
  • 5 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2013 and 5 closed out, a net change of 0 holders.
  • The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2013 was Morgan Stanley, an estimated $3.19M added.
  • The largest abrdn Global Dynamic Dividend Fund seller in Q3 2013 was Wolverine Asset Management, an estimated $470K sold.

Based on aggregated 13F filings for Q3 2013.