abrdn Global Dynamic Dividend Fund
AGD
32 hedge funds and large institutions have $35.3M invested in abrdn Global Dynamic Dividend Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 8 closing their positions.
71% more capital inflows, than outflows
Capital inflows: $9.8M | Capital outflows: $5.75M
3.79% more ownership
Funds ownership: 28.29% → 32.08% (+3.8%)
14% less funds holding
Funds holding: 37 → 32 (-5)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$8.87M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$275K |
| 3 |
Karpus Investment Management
Pittsford,
New York
|
+$230K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$153K |
| 5 |
Relative Value Partners Group
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$1.82M |
| 2 |
Morgan Stanley
New York
|
-$1.62M |
| 3 |
Matisse Capital
Portland,
Oregon
|
-$826K |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$258K |
| 5 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$202K |
AGD Hedge Fund Activity: Q4 2016 in Review
32 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2016, worth a combined $35.3M — up 14% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AGD and 3 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $8.87M. The largest seller was Advisors Asset Management, cutting an estimated $1.82M.
- 32 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2016, down from 37 in Q3 2016.
- Funds reported $35.3M of abrdn Global Dynamic Dividend Fund stock for Q4 2016, up 14% quarter-over-quarter.
- 3 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2016 and 8 closed out, a net change of -5 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2016 was Saba Capital Management, an estimated $8.87M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2016.