Clough Global Equity Fund
GLQ
27 hedge funds and large institutions have $108M invested in Clough Global Equity Fund in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more capital invested
Capital invested by funds: $90.6M → $108M (+$17.7M)
2.38% more ownership
Funds ownership: 46.14% → 48.52% (+2.4%)
10% less funds holding
Funds holding: 30 → 27 (-3)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$10.8M |
| 2 |
SCM
Saba Capital Management
New York
|
+$6.1M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.87M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$599K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$7.48M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.52M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$545K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$496K |
GLQ Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Clough Global Equity Fund (GLQ) for Q1 2017, worth a combined $108M — up 20% from $90.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GLQ and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Sit Investment Associates, adding an estimated $10.8M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $7.48M sold.
- 27 institutional investors held Clough Global Equity Fund (GLQ) as of Q1 2017, down from 30 in Q4 2016.
- Funds reported $108M of Clough Global Equity Fund stock for Q1 2017, up 20% quarter-over-quarter.
- 5 funds opened new Clough Global Equity Fund positions in Q1 2017 and 8 closed out, a net change of -3 holders.
- The largest Clough Global Equity Fund buyer in Q1 2017 was Sit Investment Associates, an estimated $10.8M added.
- The largest Clough Global Equity Fund seller in Q1 2017 was 1607 Capital Partners, an estimated $7.48M sold.
Based on aggregated 13F filings for Q1 2017.