abrdn Total Dynamic Dividend Fund
AOD
87 hedge funds and large institutions have $346M invested in abrdn Total Dynamic Dividend Fund in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 13 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
9% more capital invested
Capital invested by funds: $318M → $346M (+$28.4M)
2.15% more ownership
Funds ownership: 34.02% → 36.17% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 88 → 87 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$18.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.52M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.93M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.19M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.04M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.1M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.64M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.29M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.29M |
AOD Hedge Fund Activity: Q3 2017 in Review
87 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in abrdn Total Dynamic Dividend Fund (AOD) for Q3 2017, worth a combined $346M — up 8.9% from $318M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of AOD and 12 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 32 added.
The largest buyer was Saba Capital Management, adding an estimated $18.7M. The largest seller was Wells Fargo, cutting an estimated $5.04M.
- 87 institutional investors held abrdn Total Dynamic Dividend Fund (AOD) as of Q3 2017, down from 88 in Q2 2017.
- Funds reported $346M of abrdn Total Dynamic Dividend Fund stock for Q3 2017, up 8.9% quarter-over-quarter.
- 12 funds opened new abrdn Total Dynamic Dividend Fund positions in Q3 2017 and 13 closed out, a net change of -1 holder.
- The largest abrdn Total Dynamic Dividend Fund buyer in Q3 2017 was Saba Capital Management, an estimated $18.7M added.
- The largest abrdn Total Dynamic Dividend Fund seller in Q3 2017 was Wells Fargo, an estimated $5.04M sold.
Based on aggregated 13F filings for Q3 2017.