abrdn Global Dynamic Dividend Fund
AGD
70 hedge funds and large institutions have $52.6M invested in abrdn Global Dynamic Dividend Fund in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
6% more funds holding
Funds holding: 66 → 70 (+4)
10.88% less ownership
Funds ownership: 53.62% → 42.74% (-11%)
26% less capital invested
Capital invested by funds: $71.4M → $52.6M (-$18.8M)
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.29M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.33M |
| 3 |
QL
Quarry LP
New York
|
+$771K |
| 4 |
Morgan Stanley
New York
|
+$674K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$11.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.03M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.62M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.22M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.13M |
AGD Hedge Fund Activity: Q4 2024 in Review
70 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in abrdn Global Dynamic Dividend Fund (AGD) for Q4 2024, worth a combined $52.6M — down 26% from $71.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AGD positions and 7 closed out — a net gain of 6 holders — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.29M. The largest seller was Saba Capital Management, cutting an estimated $11.6M.
- 70 institutional investors held abrdn Global Dynamic Dividend Fund (AGD) as of Q4 2024, up from 66 in Q3 2024.
- Funds reported $52.6M of abrdn Global Dynamic Dividend Fund stock for Q4 2024, down 26% quarter-over-quarter.
- 13 funds opened new abrdn Global Dynamic Dividend Fund positions in Q4 2024 and 7 closed out, a net change of +6 holders.
- The largest abrdn Global Dynamic Dividend Fund buyer in Q4 2024 was Wells Fargo, an estimated $2.29M added.
- The largest abrdn Global Dynamic Dividend Fund seller in Q4 2024 was Saba Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2024.