abrdn Total Dynamic Dividend Fund
AOD
84 hedge funds and large institutions have $264M invested in abrdn Total Dynamic Dividend Fund in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
10% more capital invested
Capital invested by funds: $240M → $264M (+$24.4M)
9% more funds holding
Funds holding: 77 → 84 (+7)
3.23% more ownership
Funds ownership: 29.17% → 32.39% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$26.4M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.03M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.41M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.63M |
| 2 |
Morgan Stanley
New York
|
-$3.26M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.05M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$874K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$702K |
AOD Hedge Fund Activity: Q4 2016 in Review
84 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in abrdn Total Dynamic Dividend Fund (AOD) for Q4 2016, worth a combined $264M — up 10% from $240M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AOD positions and 6 closed out — a net gain of 7 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $26.4M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.63M.
- 84 institutional investors held abrdn Total Dynamic Dividend Fund (AOD) as of Q4 2016, up from 77 in Q3 2016.
- Funds reported $264M of abrdn Total Dynamic Dividend Fund stock for Q4 2016, up 10% quarter-over-quarter.
- 13 funds opened new abrdn Total Dynamic Dividend Fund positions in Q4 2016 and 6 closed out, a net change of +7 holders.
- The largest abrdn Total Dynamic Dividend Fund buyer in Q4 2016 was Saba Capital Management, an estimated $26.4M added.
- The largest abrdn Total Dynamic Dividend Fund seller in Q4 2016 was Rivernorth Capital Management, an estimated $3.63M sold.
Based on aggregated 13F filings for Q4 2016.