Clough Global Opportunities Fund
GLO
46 hedge funds and large institutions have $246M invested in Clough Global Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 22 closing their positions.
21% more capital invested
Capital invested by funds: $203M → $246M (+$43.6M)
2.47% more ownership
Funds ownership: 43.97% → 46.44% (+2.5%)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
23% less funds holding
Funds holding: 60 → 46 (-14)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
64% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$34.6M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.07M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.6M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.57M |
| 5 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$14.6M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$5.63M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.85M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.58M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.53M |
GLO Hedge Fund Activity: Q1 2017 in Review
46 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q1 2017, worth a combined $246M — up 21% from $203M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GLO and 8 opened new positions — a net loss of 14 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $34.6M. The largest seller was UBS Group, cutting an estimated $14.6M.
- 46 institutional investors held Clough Global Opportunities Fund (GLO) as of Q1 2017, down from 60 in Q4 2016.
- Funds reported $246M of Clough Global Opportunities Fund stock for Q1 2017, up 21% quarter-over-quarter.
- 8 funds opened new Clough Global Opportunities Fund positions in Q1 2017 and 22 closed out, a net change of -14 holders.
- The largest Clough Global Opportunities Fund buyer in Q1 2017 was Saba Capital Management, an estimated $34.6M added.
- The largest Clough Global Opportunities Fund seller in Q1 2017 was UBS Group, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2017.