Clough Global Opportunities Fund
GLO
44 hedge funds and large institutions have $55.6M invested in Clough Global Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 12 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
7% more capital invested
Capital invested by funds: $51.8M → $55.6M (+$3.82M)
1.64% less ownership
Funds ownership: 19.51% → 17.87% (-1.6%)
15% less funds holding
Funds holding: 52 → 44 (-8)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$582K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$485K |
| 3 |
Morgan Stanley
New York
|
+$291K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$151K |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.95M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.3M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$639K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$534K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| – | -$103K | -12,489 | Closed |
|
|
FAAS
52
First Allied Advisory Services
San Diego,
California
| – | -$95K | -11,447 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$88K | -10,671 | Closed |
|
54
HighTower Advisors
Chicago,
Illinois
| – | -$86K | -10,500 | Closed |
|
55
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$84K | -10,202 | Closed |
|
|
MOS
56
MGO One Seven
Beachwood,
Ohio
| – | -$21K | -2,602 | Closed |
|
GLO Hedge Fund Activity: Q1 2019 in Review
44 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q1 2019, worth a combined $55.6M — up 7.4% from $51.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GLO and 5 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Cornerstone Advisors, adding an estimated $582K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.95M.
- 44 institutional investors held Clough Global Opportunities Fund (GLO) as of Q1 2019, down from 52 in Q4 2018.
- Funds reported $55.6M of Clough Global Opportunities Fund stock for Q1 2019, up 7.4% quarter-over-quarter.
- 5 funds opened new Clough Global Opportunities Fund positions in Q1 2019 and 12 closed out, a net change of -7 holders.
- The largest Clough Global Opportunities Fund buyer in Q1 2019 was Cornerstone Advisors, an estimated $582K added.
- The largest Clough Global Opportunities Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2019.