Clough Global Dividend & Income Fund
29 hedge funds and large institutions have $36.6M invested in Clough Global Dividend & Income Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 1 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 28 → 29 (+1)
5% more capital invested
Capital invested by funds: $34.9M → $36.6M (+$1.73M)
0.96% more ownership
Funds ownership: 22.07% → 23.03% (+0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.6M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.11M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$685K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$413K |
| 5 |
SCM
Saba Capital Management
New York
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$977K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$703K |
| 4 |
Morgan Stanley
New York
|
-$91.9K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$48.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
26
SeaBridge Investment Advisors
Summit,
New Jersey
| $11K | – | – | – |
|
|
AIG
27
American International Group
New York
| $10.4K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $3K | +$2.61K | +172 | New |
|
30
M&T Bank
Buffalo,
New York
| – | -$8K | -501 | Closed |
|
GLV Hedge Fund Activity: Q3 2013 in Review
29 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q3 2013, worth a combined $36.6M — up 5% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GLV positions and 1 closed out — a net gain of 1 holder — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.6M. The largest seller was Invesco, cutting an estimated $1.24M.
- 29 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q3 2013, up from 28 in Q2 2013.
- Funds reported $36.6M of Clough Global Dividend & Income Fund stock for Q3 2013, up 5% quarter-over-quarter.
- 2 funds opened new Clough Global Dividend & Income Fund positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Clough Global Dividend & Income Fund buyer in Q3 2013 was Advisors Asset Management, an estimated $1.6M added.
- The largest Clough Global Dividend & Income Fund seller in Q3 2013 was Invesco, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2013.