Clough Global Opportunities Fund
GLO
51 hedge funds and large institutions have $41.2M invested in Clough Global Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 9 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
0% more funds holding
Funds holding: 51 → 51 (0)
3.06% less ownership
Funds ownership: 20.87% → 17.82% (-3.1%)
35% less capital invested
Capital invested by funds: $63.5M → $41.2M (-$22.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$2.39M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.87M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.79M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$698K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$3.22M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.58M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$882K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$798K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $1K | +$490 | +54 | +135% |
|
|
RCM
52
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$11.5M | -1,217,947 | Closed |
|
53
Invesco
Atlanta,
Georgia
| – | -$152K | -16,120 | Closed |
|
|
FIA
54
FNY Investment Advisers
New York
| – | -$149K | -15,790 | Closed |
|
55
Geode Capital Management
Boston,
Massachusetts
| – | -$142K | -15,086 | Closed |
|
|
MCP
56
Mirador Capital Partners
Pleasanton,
California
| – | -$100K | -10,566 | Closed |
|
57
Millennium Management
New York
| – | -$95K | -10,085 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$25K | -2,639 | Closed |
|
|
RIA
59
Realta Investment Advisors
Wilmington,
Delaware
| – | -$7K | -744 | Closed |
|
GLO Hedge Fund Activity: Q1 2020 in Review
51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q1 2020, worth a combined $41.2M — down 35% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GLO positions and 9 closed out — a net gain of 2 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Rockefeller Capital Management, opening a new position worth an estimated $2.39M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $11.5M sold.
- 51 institutional investors held Clough Global Opportunities Fund (GLO) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $41.2M of Clough Global Opportunities Fund stock for Q1 2020, down 35% quarter-over-quarter.
- 11 funds opened new Clough Global Opportunities Fund positions in Q1 2020 and 9 closed out, a net change of +2 holders.
- The largest Clough Global Opportunities Fund buyer in Q1 2020 was Rockefeller Capital Management, an estimated $2.39M added.
- The largest Clough Global Opportunities Fund seller in Q1 2020 was Rivernorth Capital Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2020.