Clough Global Opportunities Fund
GLO
50 hedge funds and large institutions have $60.7M invested in Clough Global Opportunities Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
9% more funds holding
Funds holding: 46 → 50 (+4)
2.44% less ownership
Funds ownership: 19.85% → 17.41% (-2.4%)
14% less capital invested
Capital invested by funds: $70.3M → $60.7M (-$9.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.28M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$939K |
| 3 |
Morgan Stanley
New York
|
+$612K |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$471K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.09M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.56M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$882K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$481K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
51
Karpus Investment Management
Pittsford,
New York
| – | -$3.56M | -321,404 | Closed |
|
|
PFA
52
Pathway Financial Advisors
South Burlington,
Vermont
| – | -$154K | -14,000 | Closed |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$115K | -10,496 | Closed |
|
|
CF
54
Centaurus Financial
Anaheim,
California
| – | -$9K | -795 | Closed |
|
55
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -268 | Closed |
|
GLO Hedge Fund Activity: Q3 2018 in Review
50 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q3 2018, worth a combined $60.7M — down 14% from $70.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GLO positions and 5 closed out — a net gain of 5 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $1.28M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.09M.
- 50 institutional investors held Clough Global Opportunities Fund (GLO) as of Q3 2018, up from 46 in Q2 2018.
- Funds reported $60.7M of Clough Global Opportunities Fund stock for Q3 2018, down 14% quarter-over-quarter.
- 10 funds opened new Clough Global Opportunities Fund positions in Q3 2018 and 5 closed out, a net change of +5 holders.
- The largest Clough Global Opportunities Fund buyer in Q3 2018 was Private Advisor Group, an estimated $1.28M added.
- The largest Clough Global Opportunities Fund seller in Q3 2018 was Rivernorth Capital Management, an estimated $7.09M sold.
Based on aggregated 13F filings for Q3 2018.