STRATEGIC GLOBAL INCOME FUND
SGL
SGL was delisted on the 18th of May, 2016.
31 hedge funds and large institutions have $32.8M invested in STRATEGIC GLOBAL INCOME FUND in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 9 closing their positions.
10% more capital invested
Capital invested by funds: $29.7M → $32.8M (+$3.05M)
16% less funds holding
Funds holding: 37 → 31 (-6)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.46M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$938K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$773K |
| 4 |
Morgan Stanley
New York
|
+$321K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$425K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$289K |
| 4 |
Barclays
London,
United Kingdom
|
-$162K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$153K |
SGL Hedge Fund Activity: Q1 2014 in Review
31 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in STRATEGIC GLOBAL INCOME FUND (SGL) for Q1 2014, worth a combined $32.8M — up 10% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SGL and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Saba Capital Management, adding an estimated $2.46M. The largest seller was Doliver Advisors, exiting entirely with an estimated $1.05M sold.
- 31 institutional investors held STRATEGIC GLOBAL INCOME FUND (SGL) as of Q1 2014, down from 37 in Q4 2013.
- Funds reported $32.8M of STRATEGIC GLOBAL INCOME FUND stock for Q1 2014, up 10% quarter-over-quarter.
- 3 funds opened new STRATEGIC GLOBAL INCOME FUND positions in Q1 2014 and 9 closed out, a net change of -6 holders.
- The largest STRATEGIC GLOBAL INCOME FUND buyer in Q1 2014 was Saba Capital Management, an estimated $2.46M added.
- The largest STRATEGIC GLOBAL INCOME FUND seller in Q1 2014 was Doliver Advisors, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2014.