DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX was delisted on the 10th of March, 2023.
26 hedge funds and large institutions have $32.1M invested in DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
48% more capital invested
Capital invested by funds: $21.6M → $32.1M (+$10.5M)
16% less funds holding
Funds holding: 31 → 26 (-5)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$11.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.6M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$109K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$28.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.02M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.87M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$984K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$705K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$336K |
DEX Hedge Fund Activity: Q3 2020 in Review
26 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND (DEX) for Q3 2020, worth a combined $32.1M — up 48% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DEX and 3 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $11.7M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.02M sold.
- 26 institutional investors held DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND (DEX) as of Q3 2020, down from 31 in Q2 2020.
- Funds reported $32.1M of DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND stock for Q3 2020, up 48% quarter-over-quarter.
- 3 funds opened new DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND positions in Q3 2020 and 8 closed out, a net change of -5 holders.
- The largest DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND buyer in Q3 2020 was Saba Capital Management, an estimated $11.7M added.
- The largest DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND seller in Q3 2020 was Wolverine Asset Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2020.