Clough Global Dividend & Income Fund
25 hedge funds and large institutions have $39M invested in Clough Global Dividend & Income Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $38.4M → $39M (+$629K)
0.71% more ownership
Funds ownership: 23.95% → 24.66% (+0.71%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
17% less funds holding
Funds holding: 30 → 25 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.85M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.85M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.08M |
| 4 |
Morgan Stanley
New York
|
+$488K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.63M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$786K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$752K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$438K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
26
Visium Asset Management
New York
| – | -$331K | -21,578 | Closed |
|
27
SG Americas Securities
New York
| – | -$245K | -15,932 | Closed |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$181K | -11,781 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$180K | -11,707 | Closed |
|
|
SSB
30
Sandy Spring Bank
Olney,
Maryland
| – | -$19K | -1,251 | Closed |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$11K | -706 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$2.1K | -137 | -91% |
|
GLV Hedge Fund Activity: Q1 2014 in Review
25 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q1 2014, worth a combined $39M — up 1.6% from $38.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GLV and 2 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.85M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.63M sold.
- 25 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q1 2014, down from 30 in Q4 2013.
- Funds reported $39M of Clough Global Dividend & Income Fund stock for Q1 2014, up 1.6% quarter-over-quarter.
- 2 funds opened new Clough Global Dividend & Income Fund positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest Clough Global Dividend & Income Fund buyer in Q1 2014 was Raymond James & Associates, an estimated $1.85M added.
- The largest Clough Global Dividend & Income Fund seller in Q1 2014 was Shaker Financial Services, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2014.