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AGD

abrdn Global Dynamic Dividend Fund

28 hedge funds and large institutions have $24.2M invested in abrdn Global Dynamic Dividend Fund in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more capital invested

Capital invested by funds: $17M → $24.2M (+$7.19M)

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

29% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 7

8% more funds holding

Funds holding: 2628 (+2)

1.5% more ownership

Funds ownership: 6.93%8.43% (+1.5%)

Holders
28
Holders Change
+2
Holders Change %
+7.69%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
9
Reduced
7
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$11.6M +$4.55M +460,645 +68%
TJHA
2
Thomas J. Herzfeld Advisors
Florida
$5.13M -$60.9K -6,169 -2%
CA
3
Cornerstone Advisors
North Carolina
$2.66M -$57.8K -5,850 -2%
SG Americas Securities
4
SG Americas Securities
New York
$2.08M +$212K +21,480 +12%
LPL Financial
5
LPL Financial
California
$407K -$63.9K -6,467 -14%
AAM
6
Advisors Asset Management
Colorado
$320K +$186K +18,846 +151%
CL
7
CSS LLC
Illinois
$295K +$286K +28,956 New
RCM
8
Robinson Capital Management
Michigan
$294K +$302K +30,606 New
WS
9
Wedbush Securities
California
$169K -$67.1K -6,798 -29%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$117K
KFS
11
KMS Financial Services
Washington
$107K -$29.6K -3,000 -22%
CFA
12
Cahill Financial Advisors
Minnesota
$106K +$102K +10,305 New
FAAS
13
First Allied Advisory Services
California
$95K -$987 -100 -1%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$91K +$5.28K +535 +6%
Wells Fargo
15
Wells Fargo
California
$86K -$24.6K -2,496 -23%
U
16
UBS
Switzerland
$85K +$38.5K +3,898 +88%
BBPWM
17
Blue Bell Private Wealth Management
Pennsylvania
$78K +$75.3K +7,625 New
VKH
18
Virtu KCG Holdings
New York
$73K +$70.8K +7,170 New
SFS
19
Shaker Financial Services
Virginia
$70K +$82.3K +8,331 New
SCM
20
Saba Capital Management
New York
$69K
CAN
21
Cetera Advisor Networks
California
$59K +$56.8K +5,750 New
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$57K +$49.4K +5,000 +1,000%
Bank of America
23
Bank of America
North Carolina
$44K
Citigroup
24
Citigroup
New York
$35K +$11.3K +1,149 +50%
Ameriprise
25
Ameriprise
Minnesota
$34K +$8.11K +821 +33%

AGD Hedge Fund Activity: Q4 2013 in Review

28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2013, worth a combined $24.2M — up 42% from $17M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new AGD positions and 6 closed out — a net gain of 2 holders — while 9 added to existing stakes and 7 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.55M. The largest seller was Visium Asset Management, exiting entirely with an estimated $653K sold.

  • 28 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2013, up from 26 in Q3 2013.
  • Funds reported $24.2M of abrdn Global Dynamic Dividend Fund stock for Q4 2013, up 42% quarter-over-quarter.
  • 8 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2013 and 6 closed out, a net change of +2 holders.
  • The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2013 was Morgan Stanley, an estimated $4.55M added.
  • The largest abrdn Global Dynamic Dividend Fund seller in Q4 2013 was Visium Asset Management, an estimated $653K sold.

Based on aggregated 13F filings for Q4 2013.