Clough Global Opportunities Fund
GLO
47 hedge funds and large institutions have $258M invested in Clough Global Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 46 → 47 (+1)
5% more capital invested
Capital invested by funds: $246M → $258M (+$11.2M)
0.7% more ownership
Funds ownership: 46.44% → 47.14% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$20.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$15.3M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.49M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$576K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13M |
| 2 |
Lazard Asset Management
New York
|
-$5.33M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.25M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.32M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$249K | -24,150 | Closed |
|
|
VKH
52
Virtu KCG Holdings
New York
| – | -$119K | -11,549 | Closed |
|
53
LPL Financial
San Diego,
California
| – | -$109K | -10,681 | Closed |
|
|
TCOV
54
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$3K | -300 | Closed |
|
GLO Hedge Fund Activity: Q2 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q2 2017, worth a combined $258M — up 4.5% from $246M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GLO positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $20.2M. The largest seller was Rivernorth Capital Management, cutting an estimated $13M.
- 47 institutional investors held Clough Global Opportunities Fund (GLO) as of Q2 2017, up from 46 in Q1 2017.
- Funds reported $258M of Clough Global Opportunities Fund stock for Q2 2017, up 4.5% quarter-over-quarter.
- 7 funds opened new Clough Global Opportunities Fund positions in Q2 2017 and 6 closed out, a net change of +1 holder.
- The largest Clough Global Opportunities Fund buyer in Q2 2017 was Saba Capital Management, an estimated $20.2M added.
- The largest Clough Global Opportunities Fund seller in Q2 2017 was Rivernorth Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2017.