Clough Global Dividend & Income Fund
25 hedge funds and large institutions have $10.7M invested in Clough Global Dividend & Income Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
4% more funds holding
Funds holding: 24 → 25 (+1)
0.03% more ownership
Funds ownership: 18.19% → 18.22% (+0.03%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
23% less capital invested
Capital invested by funds: $14M → $10.7M (-$3.27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$798K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$281K |
| 3 |
Goldman Sachs
New York
|
+$202K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$166K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$776K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$505K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$226K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$175K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Cohen & Steers
New York
| – | -$776K | -70,832 | Closed |
|
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$505K | -46,082 | Closed |
|
|
YCM
28
Yakira Capital Management
Westport,
Connecticut
| – | -$226K | -20,609 | Closed |
|
|
CL
29
CSS LLC
Chicago,
Illinois
| – | -$175K | -15,966 | Closed |
|
GLV Hedge Fund Activity: Q1 2020 in Review
25 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q1 2020, worth a combined $10.7M — down 23% from $14M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GLV positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $798K. The largest seller was Cohen & Steers, exiting entirely with an estimated $776K sold.
- 25 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q1 2020, up from 24 in Q4 2019.
- Funds reported $10.7M of Clough Global Dividend & Income Fund stock for Q1 2020, down 23% quarter-over-quarter.
- 7 funds opened new Clough Global Dividend & Income Fund positions in Q1 2020 and 4 closed out, a net change of +3 holders.
- The largest Clough Global Dividend & Income Fund buyer in Q1 2020 was Bank of America, an estimated $798K added.
- The largest Clough Global Dividend & Income Fund seller in Q1 2020 was Cohen & Steers, an estimated $776K sold.
Based on aggregated 13F filings for Q1 2020.