abrdn Global Dynamic Dividend Fund
AGD
65 hedge funds and large institutions have $67.3M invested in abrdn Global Dynamic Dividend Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 9 closing their positions.
1.39% more ownership
Funds ownership: 53.52% → 54.91% (+1.4%)
3% more capital invested
Capital invested by funds: $65.2M → $67.3M (+$2.03M)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
6% less funds holding
Funds holding: 69 → 65 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.32M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$709K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$540K |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$345K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$931K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$903K |
| 3 |
Rockefeller Capital Management
New York
|
-$270K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$238K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$214K |
AGD Hedge Fund Activity: Q2 2024 in Review
65 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q2 2024, worth a combined $67.3M — up 3.1% from $65.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of AGD and 5 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 22 added.
The largest buyer was Saba Capital Management, adding an estimated $2.32M. The largest seller was Karpus Investment Management, cutting an estimated $931K.
- 65 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q2 2024, down from 69 in Q1 2024.
- Funds reported $67.3M of abrdn Global Dynamic Dividend Fund stock for Q2 2024, up 3.1% quarter-over-quarter.
- 5 funds opened new abrdn Global Dynamic Dividend Fund positions in Q2 2024 and 9 closed out, a net change of -4 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q2 2024 was Saba Capital Management, an estimated $2.32M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q2 2024 was Karpus Investment Management, an estimated $931K sold.
Based on aggregated 13F filings for Q2 2024.