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AGD

abrdn Global Dynamic Dividend Fund

66 hedge funds and large institutions have $71.4M invested in abrdn Global Dynamic Dividend Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

6% more capital invested

Capital invested by funds: $67.3M → $71.4M (+$4.18M)

2% more funds holding

Funds holding: 6566 (+1)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

1.3% less ownership

Funds ownership: 54.91%53.62% (-1.3%)

Holders
66
Holders Change
+1
Holders Change %
+1.54%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
22
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$13.8M +$3.72M +370,120 +40%
Bank of America
2
Bank of America
North Carolina
$6.64M -$2.73M -271,614 -30%
KIM
3
Karpus Investment Management
New York
$5.53M -$152K -15,073 -3%
AAM
4
Advisors Asset Management
Colorado
$5.11M -$1.1M -109,254 -18%
Morgan Stanley
5
Morgan Stanley
New York
$4.69M +$432K +42,955 +11%
Pathstone Holdings
6
Pathstone Holdings
New Jersey
$4.34M +$913K +90,780 +29%
GC
7
Guggenheim Capital
Illinois
$3.7M +$114K +11,343 +3%
UBS Group
8
UBS Group
Switzerland
$2.5M +$12.7K +1,267 +0.5%
HWAM
9
Hennion & Walsh Asset Management
New Jersey
$1.85M -$710K -70,579 -29%
SIA
10
Sit Investment Associates
Minnesota
$1.82M +$1.73M +171,802 New
LPL Financial
11
LPL Financial
California
$1.77M -$330K -32,757 -16%
AA
12
AQR Arbitrage
Connecticut
$1.77M -$666K -66,199 -28%
Wells Fargo
13
Wells Fargo
California
$1.52M -$2.6K -258 -0.2%
IPAM
14
Investment Partners Asset Management
New Jersey
$1.18M -$1.51K -150 -0.1%
Osaic Holdings
15
Osaic Holdings
Arizona
$1.01M +$221 +22 +0%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$954K +$71.6K +7,113 +9%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$907K +$21.9K +2,181 +3%
SFS
18
Shaker Financial Services
Virginia
$875K -$1.07M -106,403 -56%
RJA
19
Raymond James & Associates
Florida
$792K +$15.2K +1,509 +2%
Cerity Partners
20
Cerity Partners
New York
$776K +$1.38K +137 +0.2%
LSC
21
Logan Stone Capital
Illinois
$766K -$342K -33,987 -32%
PAS
22
Park Avenue Securities
New York
$704K -$16.6K -1,647 -2%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$699K -$27.6K -2,739 -4%
NA
24
NewEdge Advisors
Louisiana
$628K -$13.6K -1,356 -2%
1W
25
1776 Wealth
Georgia
$603K -$107K -10,661 -16%

AGD Hedge Fund Activity: Q3 2024 in Review

66 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q3 2024, worth a combined $71.4M — up 6.2% from $67.3M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new AGD positions and 6 closed out — a net gain of 1 holder — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $3.72M. The largest seller was Bank of America, cutting an estimated $2.73M.

  • 66 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q3 2024, up from 65 in Q2 2024.
  • Funds reported $71.4M of abrdn Global Dynamic Dividend Fund stock for Q3 2024, up 6.2% quarter-over-quarter.
  • 7 funds opened new abrdn Global Dynamic Dividend Fund positions in Q3 2024 and 6 closed out, a net change of +1 holder.
  • The largest abrdn Global Dynamic Dividend Fund buyer in Q3 2024 was Saba Capital Management, an estimated $3.72M added.
  • The largest abrdn Global Dynamic Dividend Fund seller in Q3 2024 was Bank of America, an estimated $2.73M sold.

Based on aggregated 13F filings for Q3 2024.