Clough Global Opportunities Fund
GLO
48 hedge funds and large institutions have $62.1M invested in Clough Global Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 8 closing their positions.
51% more capital invested
Capital invested by funds: $41.2M → $62.1M (+$20.9M)
4.3% more ownership
Funds ownership: 17.82% → 22.12% (+4.3%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
6% less funds holding
Funds holding: 51 → 48 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.67M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$720K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$433K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$728K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$518K |
| 3 |
Goldman Sachs
New York
|
-$366K |
| 4 |
Morgan Stanley
New York
|
-$323K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$246K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Capital
New York
| – | -$177K | -24,700 | Closed |
|
52
Mercer Global Advisors
Denver,
Colorado
| – | -$146K | -20,423 | Closed |
|
53
MML Investors Services
Springfield,
Massachusetts
| – | -$97K | -13,556 | Closed |
|
|
FAAS
54
First Allied Advisory Services
San Diego,
California
| – | -$77K | -10,699 | Closed |
|
|
DWM
55
Darwin Wealth Management
Tampa,
Florida
| – | -$5K | -800 | Closed |
|
|
GSWM
56
Golden State Wealth Management
Santa Ana,
California
| – | -$2K | -273 | Closed |
|
GLO Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q2 2020, worth a combined $62.1M — up 51% from $41.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GLO and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $7.67M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $728K sold.
- 48 institutional investors held Clough Global Opportunities Fund (GLO) as of Q2 2020, down from 51 in Q1 2020.
- Funds reported $62.1M of Clough Global Opportunities Fund stock for Q2 2020, up 51% quarter-over-quarter.
- 5 funds opened new Clough Global Opportunities Fund positions in Q2 2020 and 8 closed out, a net change of -3 holders.
- The largest Clough Global Opportunities Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $7.67M added.
- The largest Clough Global Opportunities Fund seller in Q2 2020 was Cornerstone Advisors, an estimated $728K sold.
Based on aggregated 13F filings for Q2 2020.