Clough Global Opportunities Fund
GLO
62 hedge funds and large institutions have $109M invested in Clough Global Opportunities Fund in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 10 increasing their positions, 28 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
29% more funds holding
Funds holding: 48 → 62 (+14)
27.96% less ownership
Funds ownership: 47.39% → 19.43% (-28%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less capital invested
Capital invested by funds: $273M → $109M (-$164M)
64% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.21M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$789K |
| 3 |
Millennium Management
New York
|
+$752K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$568K |
| 5 |
Squarepoint
New York
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$74.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$16.8M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$16.3M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.97M |
GLO Hedge Fund Activity: Q4 2017 in Review
62 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Clough Global Opportunities Fund (GLO) for Q4 2017, worth a combined $109M — down 60% from $273M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GLO positions and 4 closed out — a net gain of 14 holders — while 10 added to existing stakes and 28 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $4.21M. The largest seller was Saba Capital Management, cutting an estimated $74.9M.
- 62 institutional investors held Clough Global Opportunities Fund (GLO) as of Q4 2017, up from 48 in Q3 2017.
- Funds reported $109M of Clough Global Opportunities Fund stock for Q4 2017, down 60% quarter-over-quarter.
- 18 funds opened new Clough Global Opportunities Fund positions in Q4 2017 and 4 closed out, a net change of +14 holders.
- The largest Clough Global Opportunities Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $4.21M added.
- The largest Clough Global Opportunities Fund seller in Q4 2017 was Saba Capital Management, an estimated $74.9M sold.
Based on aggregated 13F filings for Q4 2017.