Clough Global Dividend & Income Fund
24 hedge funds and large institutions have $14M invested in Clough Global Dividend & Income Fund in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 2 closing their positions.
2.2% less ownership
Funds ownership: 20.38% → 18.19% (-2.2%)
4% less funds holding
Funds holding: 25 → 24 (-1)
10% less capital invested
Capital invested by funds: $15.5M → $14M (-$1.54M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$116K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$42.5K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$24.4K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$14.4K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$742K |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$712K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$151K |
| 4 |
Morgan Stanley
New York
|
-$97.3K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$62.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| – | -$5K | -500 | Closed |
|
GLV Hedge Fund Activity: Q4 2019 in Review
24 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q4 2019, worth a combined $14M — down 9.9% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GLV and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $116K. The largest seller was Shaker Financial Services, cutting an estimated $742K.
- 24 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q4 2019, down from 25 in Q3 2019.
- Funds reported $14M of Clough Global Dividend & Income Fund stock for Q4 2019, down 9.9% quarter-over-quarter.
- 1 fund opened new Clough Global Dividend & Income Fund positions in Q4 2019 and 2 closed out, a net change of -1 holder.
- The largest Clough Global Dividend & Income Fund buyer in Q4 2019 was HRT Financial, an estimated $116K added.
- The largest Clough Global Dividend & Income Fund seller in Q4 2019 was Shaker Financial Services, an estimated $742K sold.
Based on aggregated 13F filings for Q4 2019.