Clough Global Equity Fund
GLQ
40 hedge funds and large institutions have $73.8M invested in Clough Global Equity Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 14 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
2.02% more ownership
Funds ownership: 36.8% → 38.82% (+2%)
3% more capital invested
Capital invested by funds: $71.4M → $73.8M (+$2.4M)
9% less funds holding
Funds holding: 44 → 40 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.79M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.57M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.59M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.3M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.12M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.5M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.45M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$865K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
51
Gemmer Asset Management
Walnut Creek,
California
| – | -$22K | -2,100 | Closed |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$17K | -1,540 | Closed |
|
|
NFG
53
Next Financial Group
Houston,
Texas
| – | -$14K | -1,300 | Closed |
|
54
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -790 | Closed |
|
|
MFS
55
MSI Financial Services
Springfield,
Massachusetts
| – | -$3K | -230 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$1K | -93 | Closed |
|
GLQ Hedge Fund Activity: Q2 2016 in Review
40 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Clough Global Equity Fund (GLQ) for Q2 2016, worth a combined $73.8M — up 3.4% from $71.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GLQ and 10 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.79M. The largest seller was Raymond James & Associates, cutting an estimated $4.12M.
- 40 institutional investors held Clough Global Equity Fund (GLQ) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $73.8M of Clough Global Equity Fund stock for Q2 2016, up 3.4% quarter-over-quarter.
- 10 funds opened new Clough Global Equity Fund positions in Q2 2016 and 14 closed out, a net change of -4 holders.
- The largest Clough Global Equity Fund buyer in Q2 2016 was Rivernorth Capital Management, an estimated $3.79M added.
- The largest Clough Global Equity Fund seller in Q2 2016 was Raymond James & Associates, an estimated $4.12M sold.
Based on aggregated 13F filings for Q2 2016.