abrdn Global Dynamic Dividend Fund
AGD
71 hedge funds and large institutions have $66.2M invested in abrdn Global Dynamic Dividend Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 9 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
24% more capital invested
Capital invested by funds: $53.4M → $66.2M (+$12.8M)
7.36% more ownership
Funds ownership: 49.14% → 56.5% (+7.4%)
1% more funds holding
Funds holding: 70 → 71 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.09M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.92M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.01M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$812K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$708K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.13M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.05M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$814K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$129K |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$111K |
AGD Hedge Fund Activity: Q4 2023 in Review
71 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2023, worth a combined $66.2M — up 24% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AGD positions and 9 closed out — a net gain of 3 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.09M. The largest seller was LPL Financial, cutting an estimated $1.13M.
- 71 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2023, up from 70 in Q3 2023.
- Funds reported $66.2M of abrdn Global Dynamic Dividend Fund stock for Q4 2023, up 24% quarter-over-quarter.
- 12 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2023 and 9 closed out, a net change of +3 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2023 was Morgan Stanley, an estimated $2.09M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q4 2023 was LPL Financial, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2023.