Clough Global Dividend & Income Fund
24 hedge funds and large institutions have $53.3M invested in Clough Global Dividend & Income Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $46.9M → $53.3M (+$6.41M)
1.14% more ownership
Funds ownership: 37.39% → 38.53% (+1.1%)
14% less funds holding
Funds holding: 28 → 24 (-4)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.89M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.35M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$576K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$441K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.15M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.28M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$643K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$631K |
| 5 |
Morgan Stanley
New York
|
-$503K |
GLV Hedge Fund Activity: Q1 2017 in Review
24 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q1 2017, worth a combined $53.3M — up 14% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GLV and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.89M. The largest seller was Advisors Asset Management, cutting an estimated $2.15M.
- 24 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q1 2017, down from 28 in Q4 2016.
- Funds reported $53.3M of Clough Global Dividend & Income Fund stock for Q1 2017, up 14% quarter-over-quarter.
- 3 funds opened new Clough Global Dividend & Income Fund positions in Q1 2017 and 6 closed out, a net change of -3 holders.
- The largest Clough Global Dividend & Income Fund buyer in Q1 2017 was Sit Investment Associates, an estimated $4.89M added.
- The largest Clough Global Dividend & Income Fund seller in Q1 2017 was Advisors Asset Management, an estimated $2.15M sold.
Based on aggregated 13F filings for Q1 2017.