Clough Global Equity Fund
GLQ
28 hedge funds and large institutions have $112M invested in Clough Global Equity Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
1.79% more ownership
Funds ownership: 48.52% → 50.31% (+1.8%)
3% more capital invested
Capital invested by funds: $108M → $112M (+$3.66M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.71M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.08M |
| 3 |
SCM
Saba Capital Management
New York
|
+$924K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$741K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.28M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$460K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$335K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$215K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
26
Advisors Asset Management
Monument,
Colorado
| $39K | +$39.3K | +3,100 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $15K | – | – | – |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| $12K | – | – | – |
|
29
LPL Financial
San Diego,
California
| – | -$138K | -11,017 | Closed |
|
|
AIM
30
Acrospire Investment Management
Chicago,
Illinois
| – | -$9K | -700 | Closed |
|
GLQ Hedge Fund Activity: Q2 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Clough Global Equity Fund (GLQ) for Q2 2017, worth a combined $112M — up 3.4% from $108M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GLQ positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.71M. The largest seller was Bulldog Investors, cutting an estimated $1.28M.
- 28 institutional investors held Clough Global Equity Fund (GLQ) as of Q2 2017, up from 27 in Q1 2017.
- Funds reported $112M of Clough Global Equity Fund stock for Q2 2017, up 3.4% quarter-over-quarter.
- 3 funds opened new Clough Global Equity Fund positions in Q2 2017 and 2 closed out, a net change of +1 holder.
- The largest Clough Global Equity Fund buyer in Q2 2017 was Rivernorth Capital Management, an estimated $2.71M added.
- The largest Clough Global Equity Fund seller in Q2 2017 was Bulldog Investors, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2017.