abrdn Total Dynamic Dividend Fund
95 hedge funds and large institutions have $394M invested in abrdn Total Dynamic Dividend Fund in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
14% more capital invested
Capital invested by funds: $346M → $394M (+$47.8M)
9% more funds holding
Funds holding: 87 → 95 (+8)
2.42% more ownership
Funds ownership: 36.17% → 38.59% (+2.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.29M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.29M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.94M |
| 4 |
RVPG
Relative Value Partners Group
|
+$2.77M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.78M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.19M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.64M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.05M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$671K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
101
AE Wealth Management
Topeka,
Kansas
| – | -$186K | -20,710 | Closed |
|
|
AA
102
Ancora Advisors
Cleveland,
Ohio
| – | -$153K | -17,000 | Closed |
|
103
Millennium Management
New York
| – | -$133K | -14,800 | Closed |
|
|
BRWA
104
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$120K | -13,261 | Closed |
|
|
PAG
105
Private Advisor Group
Morristown,
New Jersey
| – | -$93K | -10,230 | Closed |
|
|
BTIS
106
BB&T Investment Services
Charlotte,
North Carolina
| – | -$3K | -300 | Closed |
|
|
PCG
107
Private Capital Group
West Hartford,
Connecticut
| – | +$73 | +8 | New |
|
AOD Hedge Fund Activity: Q4 2017 in Review
95 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in abrdn Total Dynamic Dividend Fund (AOD) for Q4 2017, worth a combined $394M — up 14% from $346M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new AOD positions and 14 closed out — a net gain of 8 holders — while 31 added to existing stakes and 25 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $8.29M. The largest seller was Wells Fargo, cutting an estimated $4.78M.
- 95 institutional investors held abrdn Total Dynamic Dividend Fund (AOD) as of Q4 2017, up from 87 in Q3 2017.
- Funds reported $394M of abrdn Total Dynamic Dividend Fund stock for Q4 2017, up 14% quarter-over-quarter.
- 22 funds opened new abrdn Total Dynamic Dividend Fund positions in Q4 2017 and 14 closed out, a net change of +8 holders.
- The largest abrdn Total Dynamic Dividend Fund buyer in Q4 2017 was Sit Investment Associates, an estimated $8.29M added.
- The largest abrdn Total Dynamic Dividend Fund seller in Q4 2017 was Wells Fargo, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2017.