abrdn Global Dynamic Dividend Fund
AGD
33 hedge funds and large institutions have $31.8M invested in abrdn Global Dynamic Dividend Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 7 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
5% more capital invested
Capital invested by funds: $30.2M → $31.8M (+$1.58M)
2.48% more ownership
Funds ownership: 27.11% → 29.59% (+2.5%)
11% less funds holding
Funds holding: 37 → 33 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.09M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.12M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$353K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$211K |
| 5 |
Citigroup
New York
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$781K |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$340K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$194K |
| 4 |
Squarepoint
New York
|
-$182K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$125K |
AGD Hedge Fund Activity: Q1 2016 in Review
33 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q1 2016, worth a combined $31.8M — up 5.2% from $30.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AGD and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.09M. The largest seller was Morgan Stanley, cutting an estimated $781K.
- 33 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q1 2016, down from 37 in Q4 2015.
- Funds reported $31.8M of abrdn Global Dynamic Dividend Fund stock for Q1 2016, up 5.2% quarter-over-quarter.
- 3 funds opened new abrdn Global Dynamic Dividend Fund positions in Q1 2016 and 7 closed out, a net change of -4 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q1 2016 was Karpus Investment Management, an estimated $2.09M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q1 2016 was Morgan Stanley, an estimated $781K sold.
Based on aggregated 13F filings for Q1 2016.