Clough Global Dividend & Income Fund
32 hedge funds and large institutions have $39.6M invested in Clough Global Dividend & Income Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
0.32% more ownership
Funds ownership: 26.24% → 26.56% (+0.32%)
3% less funds holding
Funds holding: 33 → 32 (-1)
7% less capital invested
Capital invested by funds: $42.4M → $39.6M (-$2.76M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.13M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$741K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$739K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$617K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.14M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.01M |
| 3 |
Morgan Stanley
New York
|
-$900K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$202K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$83K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $67.4K | +$4.89K | +324 | +7% |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $22K | +$10.4K | +688 | +83% |
|
|
SIA
28
SeaBridge Investment Advisors
Summit,
New Jersey
| $10K | – | – | – |
|
29
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $7K | +$7.56K | +501 | New |
|
30
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
GSC
31
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | -$543 | -36 | -36% |
|
|
PAIM
32
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$202K | -13,013 | Closed |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| – | -$41K | -2,753 | Closed |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$8K | -501 | Closed |
|
GLV Hedge Fund Activity: Q3 2014 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q3 2014, worth a combined $39.6M — down 6.5% from $42.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GLV and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 15 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.13M. The largest seller was Advisors Asset Management, cutting an estimated $2.14M.
- 32 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q3 2014, down from 33 in Q2 2014.
- Funds reported $39.6M of Clough Global Dividend & Income Fund stock for Q3 2014, down 6.5% quarter-over-quarter.
- 2 funds opened new Clough Global Dividend & Income Fund positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest Clough Global Dividend & Income Fund buyer in Q3 2014 was Rivernorth Capital Management, an estimated $1.13M added.
- The largest Clough Global Dividend & Income Fund seller in Q3 2014 was Advisors Asset Management, an estimated $2.14M sold.
Based on aggregated 13F filings for Q3 2014.