abrdn Total Dynamic Dividend Fund
AOD
74 hedge funds and large institutions have $282M invested in abrdn Total Dynamic Dividend Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 16 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
7% more capital invested
Capital invested by funds: $264M → $282M (+$18M)
0.65% less ownership
Funds ownership: 32.39% → 31.74% (-0.65%)
12% less funds holding
Funds holding: 84 → 74 (-10)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$15.4M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.69M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.67M |
| 4 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$2.67M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.64M |
| 2 |
Morgan Stanley
New York
|
-$5.51M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.9M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.22M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
76
Curi RMB Capital
Chicago,
Illinois
| – | -$827K | -109,099 | Closed |
|
|
CCP
77
Centaur Capital Partners
Southlake,
Texas
| – | -$682K | -90,000 | Closed |
|
|
WAM
78
Weiss Asset Management
Boston,
Massachusetts
| – | -$668K | -88,170 | Closed |
|
|
AA
79
AQR Arbitrage
Greenwich,
Connecticut
| – | -$422K | -55,630 | Closed |
|
|
LCM
80
Laurion Capital Management
New York
| – | -$319K | -42,136 | Closed |
|
81
Millennium Management
New York
| – | -$235K | -31,029 | Closed |
|
|
TSS
82
Two Sigma Securities
New York
| – | -$214K | -28,275 | Closed |
|
|
RTS
83
Round Table Services
Westfield,
New Jersey
| – | -$143K | -18,800 | Closed |
|
|
BRWA
84
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$125K | -16,482 | Closed |
|
|
DA
85
Doliver Advisors
Houston,
Texas
| – | -$85K | -11,162 | Closed |
|
|
SWP
86
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$76K | -10,050 | Closed |
|
|
IPC
87
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$11K | -1,436 | Closed |
|
AOD Hedge Fund Activity: Q1 2017 in Review
74 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in abrdn Total Dynamic Dividend Fund (AOD) for Q1 2017, worth a combined $282M — up 6.8% from $264M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of AOD and 7 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 35 added.
The largest buyer was Saba Capital Management, adding an estimated $15.4M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.64M.
- 74 institutional investors held abrdn Total Dynamic Dividend Fund (AOD) as of Q1 2017, down from 84 in Q4 2016.
- Funds reported $282M of abrdn Total Dynamic Dividend Fund stock for Q1 2017, up 6.8% quarter-over-quarter.
- 7 funds opened new abrdn Total Dynamic Dividend Fund positions in Q1 2017 and 16 closed out, a net change of -9 holders.
- The largest abrdn Total Dynamic Dividend Fund buyer in Q1 2017 was Saba Capital Management, an estimated $15.4M added.
- The largest abrdn Total Dynamic Dividend Fund seller in Q1 2017 was Rivernorth Capital Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q1 2017.