Clough Global Opportunities Fund
GLO
48 hedge funds and large institutions have $273M invested in Clough Global Opportunities Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
6% more capital invested
Capital invested by funds: $258M → $273M (+$15.4M)
2% more funds holding
Funds holding: 47 → 48 (+1)
0.26% more ownership
Funds ownership: 47.14% → 47.39% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.26M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.15M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.53M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$2.21M |
| 5 |
Citigroup
New York
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.76M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.12M |
| 5 |
Morgan Stanley
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| – | -$32K | -3,000 | Closed |
|
|
QAM
52
QCI Asset Management
Pittsford,
New York
| – | -$15K | -1,400 | Closed |
|
|
PCM
53
Penserra Capital Management
Orinda,
California
| – | -$8K | -799 | Closed |
|
|
CFG
54
Citizens Financial Group
Providence,
Rhode Island
| – | -$4K | -375 | Closed |
|
|
SFG
55
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$1K | -119 | Closed |
|
GLO Hedge Fund Activity: Q3 2017 in Review
48 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q3 2017, worth a combined $273M — up 6% from $258M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GLO positions and 7 closed out — a net gain of 1 holder — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.26M. The largest seller was Wells Fargo, cutting an estimated $3.07M.
- 48 institutional investors held Clough Global Opportunities Fund (GLO) as of Q3 2017, up from 47 in Q2 2017.
- Funds reported $273M of Clough Global Opportunities Fund stock for Q3 2017, up 6% quarter-over-quarter.
- 8 funds opened new Clough Global Opportunities Fund positions in Q3 2017 and 7 closed out, a net change of +1 holder.
- The largest Clough Global Opportunities Fund buyer in Q3 2017 was Sit Investment Associates, an estimated $3.26M added.
- The largest Clough Global Opportunities Fund seller in Q3 2017 was Wells Fargo, an estimated $3.07M sold.
Based on aggregated 13F filings for Q3 2017.