Clough Global Dividend & Income Fund
35 hedge funds and large institutions have $12.1M invested in Clough Global Dividend & Income Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
26% more capital invested
Capital invested by funds: $9.6M → $12.1M (+$2.46M)
13% more funds holding
Funds holding: 31 → 35 (+4)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
2.35% more ownership
Funds ownership: 14.85% → 17.2% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.92M |
| 2 |
SCM
Saba Capital Management
New York
|
+$420K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$393K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$272K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$98.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$172K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$110K |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$104K |
| 5 |
Morgan Stanley
New York
|
-$95.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
HighTower Advisors
Chicago,
Illinois
| $59K | -$44K | -8,135 | -43% |
|
|
GI
27
GAMCO Investors
Greenwich,
Connecticut
| $55.9K | – | – | – |
|
|
CA
28
CoreCap Advisors
Southfield,
Michigan
| $44.4K | +$43K | +7,935 | New |
|
29
UBS Group
Zurich,
Switzerland
| $42.5K | +$27.2K | +5,018 | +194% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $32.1K | +$948 | +175 | +3% |
|
|
AAG
31
Armstrong Advisory Group
Needham,
Massachusetts
| $15.4K | – | – | – |
|
|
TFGT
32
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $6K | – | – | – |
|
|
FIM
33
Fernwood Investment Management
Quincy,
Massachusetts
| $1.15K | +$1.11K | +205 | New |
|
|
PMFA
34
Plante Moran Financial Advisors
Southfield,
Michigan
| $121 | +$119 | +22 | New |
|
35
Fidelity Investments
Boston,
Massachusetts
| $6 | +$5 | +1 | New |
|
|
GC
36
Guggenheim Capital
Chicago,
Illinois
| – | -$110K | -21,317 | Closed |
|
|
HCM
37
Hollencrest Capital Management
Newport Beach,
California
| – | -$22 | -4 | Closed |
|
GLV Hedge Fund Activity: Q1 2024 in Review
35 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Clough Global Dividend & Income Fund (GLV) for Q1 2024, worth a combined $12.1M — up 26% from $9.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GLV positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.92M. The largest seller was Almitas Capital, cutting an estimated $1M.
- 35 institutional investors held Clough Global Dividend & Income Fund (GLV) as of Q1 2024, up from 31 in Q4 2023.
- Funds reported $12.1M of Clough Global Dividend & Income Fund stock for Q1 2024, up 26% quarter-over-quarter.
- 7 funds opened new Clough Global Dividend & Income Fund positions in Q1 2024 and 2 closed out, a net change of +5 holders.
- The largest Clough Global Dividend & Income Fund buyer in Q1 2024 was Royal Bank of Canada, an estimated $1.92M added.
- The largest Clough Global Dividend & Income Fund seller in Q1 2024 was Almitas Capital, an estimated $1M sold.
Based on aggregated 13F filings for Q1 2024.