DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX was delisted on the 10th of March, 2023.
38 hedge funds and large institutions have $83M invested in DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 9 closing their positions.
10% more capital invested
Capital invested by funds: $75.2M → $83M (+$7.78M)
12% less funds holding
Funds holding: 43 → 38 (-5)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.15M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.44M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$850K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$614K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.04M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$852K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$666K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$337K |
DEX Hedge Fund Activity: Q3 2017 in Review
38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND (DEX) for Q3 2017, worth a combined $83M — up 10% from $75.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DEX and 4 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was Saba Capital Management, adding an estimated $6.15M. The largest seller was Advisors Asset Management, cutting an estimated $1.5M.
- 38 institutional investors held DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND (DEX) as of Q3 2017, down from 43 in Q2 2017.
- Funds reported $83M of DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND stock for Q3 2017, up 10% quarter-over-quarter.
- 4 funds opened new DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND positions in Q3 2017 and 9 closed out, a net change of -5 holders.
- The largest DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND buyer in Q3 2017 was Saba Capital Management, an estimated $6.15M added.
- The largest DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND seller in Q3 2017 was Advisors Asset Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2017.