Clough Global Dividend & Income Fund
22 hedge funds and large institutions have $10.3M invested in Clough Global Dividend & Income Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 6 closing their positions.
5.81% less ownership
Funds ownership: 13.75% → 7.94% (-5.8%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
15% less funds holding
Funds holding: 26 → 22 (-4)
46% less capital invested
Capital invested by funds: $19M → $10.3M (-$8.72M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$220K |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$132K |
| 3 |
IFAM
Institutional & Family Asset Management
Fort Collins,
Colorado
|
+$108K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$55.4K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$46.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.58M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.52M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.34M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$769K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Laurion Capital Management
New York
| – | -$351K | -26,359 | Closed |
|
27
First Manhattan
New York
| – | -$108K | -8,135 | Closed |
|
GLV Hedge Fund Activity: Q1 2018 in Review
22 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q1 2018, worth a combined $10.3M — down 46% from $19M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GLV and 2 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $220K. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.58M sold.
- 22 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q1 2018, down from 26 in Q4 2017.
- Funds reported $10.3M of Clough Global Dividend & Income Fund stock for Q1 2018, down 46% quarter-over-quarter.
- 2 funds opened new Clough Global Dividend & Income Fund positions in Q1 2018 and 6 closed out, a net change of -4 holders.
- The largest Clough Global Dividend & Income Fund buyer in Q1 2018 was Morgan Stanley, an estimated $220K added.
- The largest Clough Global Dividend & Income Fund seller in Q1 2018 was Saba Capital Management, an estimated $3.58M sold.
Based on aggregated 13F filings for Q1 2018.