Clough Global Dividend & Income Fund
30 hedge funds and large institutions have $38.4M invested in Clough Global Dividend & Income Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 2 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 29 → 30 (+1)
5% more capital invested
Capital invested by funds: $36.6M → $38.4M (+$1.81M)
0.92% more ownership
Funds ownership: 23.03% → 23.95% (+0.92%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$741K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$425K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$394K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$273K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$424K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$392K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$277K |
| 4 |
SCM
Saba Capital Management
New York
|
-$188K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | – | – | – |
|
|
SIA
27
SeaBridge Investment Advisors
Summit,
New Jersey
| $11K | – | – | – |
|
|
AIG
28
American International Group
New York
| $10.5K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | -$331 | -22 | -13% |
|
|
SCM
31
Saba Capital Management
New York
| – | -$188K | -12,379 | Closed |
|
32
Citigroup
New York
| – | -$64K | -4,233 | Closed |
|
GLV Hedge Fund Activity: Q4 2013 in Review
30 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q4 2013, worth a combined $38.4M — up 4.9% from $36.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GLV positions and 2 closed out — a net gain of 1 holder — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Wells Fargo, adding an estimated $741K. The largest seller was Morgan Stanley, cutting an estimated $424K.
- 30 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $38.4M of Clough Global Dividend & Income Fund stock for Q4 2013, up 4.9% quarter-over-quarter.
- 3 funds opened new Clough Global Dividend & Income Fund positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest Clough Global Dividend & Income Fund buyer in Q4 2013 was Wells Fargo, an estimated $741K added.
- The largest Clough Global Dividend & Income Fund seller in Q4 2013 was Morgan Stanley, an estimated $424K sold.
Based on aggregated 13F filings for Q4 2013.