Clough Global Opportunities Fund
GLO
43 hedge funds and large institutions have $241M invested in Clough Global Opportunities Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 11 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
1.88% more ownership
Funds ownership: 36.72% → 38.6% (+1.9%)
2% more capital invested
Capital invested by funds: $237M → $241M (+$3.77M)
14% less funds holding
Funds holding: 50 → 43 (-7)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$34.1M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.51M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$4.24M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$25.3M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.37M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$964K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$910K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$847K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$140K | -11,200 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$32K | -2,600 | Closed |
|
|
SC
53
Searle & Co
Greenwich,
Connecticut
| – | -$12K | -1,000 | Closed |
|
|
MAA
54
Managed Account Advisors
Jersey City,
New Jersey
| – | -$1K | -56 | Closed |
|
GLO Hedge Fund Activity: Q2 2015 in Review
43 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q2 2015, worth a combined $241M — up 1.6% from $237M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GLO and 5 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $34.1M. The largest seller was Wells Fargo, cutting an estimated $25.3M.
- 43 institutional investors held Clough Global Opportunities Fund (GLO) as of Q2 2015, down from 50 in Q1 2015.
- Funds reported $241M of Clough Global Opportunities Fund stock for Q2 2015, up 1.6% quarter-over-quarter.
- 5 funds opened new Clough Global Opportunities Fund positions in Q2 2015 and 11 closed out, a net change of -6 holders.
- The largest Clough Global Opportunities Fund buyer in Q2 2015 was Rivernorth Capital Management, an estimated $34.1M added.
- The largest Clough Global Opportunities Fund seller in Q2 2015 was Wells Fargo, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2015.