Clough Global Opportunities Fund
GLO
60 hedge funds and large institutions have $192M invested in Clough Global Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
0.44% more ownership
Funds ownership: 38.36% → 38.81% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 62 → 60 (-2)
7% less capital invested
Capital invested by funds: $207M → $192M (-$14.8M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.04M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.82M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$2.87M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$13.6M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$3.23M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.29M |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$1.28M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$974K |
GLO Hedge Fund Activity: Q1 2016 in Review
60 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q1 2016, worth a combined $192M — down 7.2% from $207M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GLO and 10 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 25 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.11M. The largest seller was Oxbow Advisors, cutting an estimated $13.6M.
- 60 institutional investors held Clough Global Opportunities Fund (GLO) as of Q1 2016, down from 62 in Q4 2015.
- Funds reported $192M of Clough Global Opportunities Fund stock for Q1 2016, down 7.2% quarter-over-quarter.
- 10 funds opened new Clough Global Opportunities Fund positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest Clough Global Opportunities Fund buyer in Q1 2016 was Rivernorth Capital Management, an estimated $5.11M added.
- The largest Clough Global Opportunities Fund seller in Q1 2016 was Oxbow Advisors, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2016.