Clough Global Equity Fund
GLQ
30 hedge funds and large institutions have $90.6M invested in Clough Global Equity Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 17 reducing their positions, and 5 closing their positions.
12% more capital invested
Capital invested by funds: $81M → $90.6M (+$9.64M)
5.85% more ownership
Funds ownership: 40.3% → 46.14% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 31 → 30 (-1)
76% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$21.3M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.41M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$590K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.61M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.42M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.31M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $18K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $13K | – | – | – |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| $11K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $6K | +$5.42K | +500 | New |
|
|
AA
30
Ancora Advisors
Cleveland,
Ohio
| $5K | +$4.56K | +420 | New |
|
|
SFG
31
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| $4K | +$4.18K | +385 | New |
|
|
MC
32
Matisse Capital
Portland,
Oregon
| – | -$4.59M | -403,300 | Closed |
|
|
ZIG
33
Zuckerman Investment Group
Chicago,
Illinois
| – | -$589K | -51,750 | Closed |
|
|
RTS
34
Round Table Services
Westfield,
New Jersey
| – | -$238K | -20,900 | Closed |
|
|
AA
35
AQR Arbitrage
Greenwich,
Connecticut
| – | -$220K | -19,335 | Closed |
|
36
Citigroup
New York
| – | -$30K | -2,608 | Closed |
|
GLQ Hedge Fund Activity: Q4 2016 in Review
30 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Clough Global Equity Fund (GLQ) for Q4 2016, worth a combined $90.6M — up 12% from $81M a quarter earlier.
Fund positioning in GLQ was balanced in Q4 2016: 5 funds opened new positions, 5 closed out, 4 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $21.3M. The largest seller was Matisse Capital, exiting entirely with an estimated $4.59M sold.
- 30 institutional investors held Clough Global Equity Fund (GLQ) as of Q4 2016, down from 31 in Q3 2016.
- Funds reported $90.6M of Clough Global Equity Fund stock for Q4 2016, up 12% quarter-over-quarter.
- 5 funds opened new Clough Global Equity Fund positions in Q4 2016 and 5 closed out, a net change of 0 holders.
- The largest Clough Global Equity Fund buyer in Q4 2016 was Saba Capital Management, an estimated $21.3M added.
- The largest Clough Global Equity Fund seller in Q4 2016 was Matisse Capital, an estimated $4.59M sold.
Based on aggregated 13F filings for Q4 2016.