Clough Global Opportunities Fund
GLO
53 hedge funds and large institutions have $183M invested in Clough Global Opportunities Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more funds holding
Funds holding: 49 → 53 (+4)
0.65% more ownership
Funds ownership: 28.97% → 29.62% (+0.65%)
6% less capital invested
Capital invested by funds: $195M → $183M (-$11.9M)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.98M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.15M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.13M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$972K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$917K |
Top Sellers
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.76M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.3M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.07M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$742K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$691K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
51
MSI Financial Services
Springfield,
Massachusetts
| $6K | – | – | – |
|
52
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $6K | +$6.3K | +500 | New |
|
53
Citigroup
New York
| $3K | – | – | – |
|
|
BI
54
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.76M | -135,641 | Closed |
|
|
SCM
55
Saba Capital Management
New York
| – | -$1.07M | -82,163 | Closed |
|
|
CWM
56
Concert Wealth Management
San Jose,
California
| – | -$153K | -12,162 | Closed |
|
57
M&T Bank
Buffalo,
New York
| – | -$112K | -8,629 | Closed |
|
|
NFG
58
Next Financial Group
Houston,
Texas
| – | -$59K | -4,750 | Closed |
|
|
CFA
59
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$4K | -270 | Closed |
|
|
WA
60
WFG Advisors
Dallas,
Texas
| – | -$3K | -200 | Closed |
|
GLO Hedge Fund Activity: Q3 2014 in Review
53 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q3 2014, worth a combined $183M — down 6.1% from $195M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GLO positions and 7 closed out — a net gain of 4 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $2.98M. The largest seller was Bulldog Investors, exiting entirely with an estimated $1.76M sold.
- 53 institutional investors held Clough Global Opportunities Fund (GLO) as of Q3 2014, up from 49 in Q2 2014.
- Funds reported $183M of Clough Global Opportunities Fund stock for Q3 2014, down 6.1% quarter-over-quarter.
- 11 funds opened new Clough Global Opportunities Fund positions in Q3 2014 and 7 closed out, a net change of +4 holders.
- The largest Clough Global Opportunities Fund buyer in Q3 2014 was Bank of America, an estimated $2.98M added.
- The largest Clough Global Opportunities Fund seller in Q3 2014 was Bulldog Investors, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2014.