abrdn Total Dynamic Dividend Fund
AOD
100 hedge funds and large institutions have $321M invested in abrdn Total Dynamic Dividend Fund in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 16 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
0.79% more ownership
Funds ownership: 35.73% → 36.52% (+0.79%)
7% less funds holding
Funds holding: 107 → 100 (-7)
12% less capital invested
Capital invested by funds: $364M → $321M (-$43.3M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$20.2M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$19.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.31M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.61M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.1M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$6.45M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.64M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$3.53M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.42M |
AOD Hedge Fund Activity: Q1 2019 in Review
100 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in abrdn Total Dynamic Dividend Fund (AOD) for Q1 2019, worth a combined $321M — down 12% from $364M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of AOD and 10 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 37 added.
The largest buyer was Wells Fargo, adding an estimated $20.2M. The largest seller was Saba Capital Management, exiting entirely with an estimated $17.1M sold.
- 100 institutional investors held abrdn Total Dynamic Dividend Fund (AOD) as of Q1 2019, down from 107 in Q4 2018.
- Funds reported $321M of abrdn Total Dynamic Dividend Fund stock for Q1 2019, down 12% quarter-over-quarter.
- 10 funds opened new abrdn Total Dynamic Dividend Fund positions in Q1 2019 and 16 closed out, a net change of -6 holders.
- The largest abrdn Total Dynamic Dividend Fund buyer in Q1 2019 was Wells Fargo, an estimated $20.2M added.
- The largest abrdn Total Dynamic Dividend Fund seller in Q1 2019 was Saba Capital Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2019.