Clough Global Equity Fund
GLQ
32 hedge funds and large institutions have $48.8M invested in Clough Global Equity Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
29.4% less ownership
Funds ownership: 50.08% → 20.68% (-29%)
58% less capital invested
Capital invested by funds: $117M → $48.8M (-$68.5M)
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.57M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.25M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$854K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$267K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$30.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$17.8M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.5M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$8.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCA
26
Harbour Capital Advisors
Tysons Corner,
Virginia
| $159K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $99K | -$490K | -36,425 | -83% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $42K | +$41.8K | +3,109 | New |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $17K | -$25.6K | -1,907 | -60% |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $14K | -$995 | -74 | -6% |
|
31
SEI Investments
Oaks,
Pennsylvania
| $5K | +$4.89K | +364 | New |
|
|
BI
32
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$8.1M | -610,898 | Closed |
|
|
YCM
33
Yakira Capital Management
Westport,
Connecticut
| – | -$672K | -50,658 | Closed |
|
34
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$351K | -26,500 | Closed |
|
|
SMG
35
Spectrum Management Group
Indianapolis,
Indiana
| – | -$204K | -15,400 | Closed |
|
|
VF
36
Virtu Financial
New York
| – | -$173K | -13,079 | Closed |
|
|
CPIG
37
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$7K | -500 | Closed |
|
38
BlackRock
New York
| – | +$309 | +23 | New |
|
GLQ Hedge Fund Activity: Q4 2017 in Review
32 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Clough Global Equity Fund (GLQ) for Q4 2017, worth a combined $48.8M — down 58% from $117M a quarter earlier.
Fund positioning in GLQ was balanced in Q4 2017: 6 funds opened new positions, 6 closed out, 6 added to existing stakes and 18 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.57M. The largest seller was Saba Capital Management, cutting an estimated $30.8M.
- 32 institutional investors held Clough Global Equity Fund (GLQ) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $48.8M of Clough Global Equity Fund stock for Q4 2017, down 58% quarter-over-quarter.
- 6 funds opened new Clough Global Equity Fund positions in Q4 2017 and 6 closed out, a net change of 0 holders.
- The largest Clough Global Equity Fund buyer in Q4 2017 was Advisors Asset Management, an estimated $3.57M added.
- The largest Clough Global Equity Fund seller in Q4 2017 was Saba Capital Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2017.