1832 Asset Management’s Are Dynamic Credit Allocation Fund ARDC Stock Holding History

1832 Asset Management’s Portfolio ARDC Stock Details ARDC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-78,410	Closed	-$1.2M	–	620
2015 Q2	$1.2M	Hold	78,410	–	–	﹤0.01%	438
2015 Q1	$1.27M	Buy	78,410 +1,130	+1%	+$18.3K	﹤0.01%	400
2014 Q4	$1.22M	Sell	77,280 -24,657	-24%	-$408K	﹤0.01%	429
2014 Q3	$1.74M	Buy	101,937 +1,087	+1%	+$19.1K	0.01%	417
2014 Q2	$1.84M	Buy	100,850 +49,885	+98%	+$909K	0.01%	430
2014 Q1	$925K	Buy	50,965 +965	+2%	+$17.7K	﹤0.01%	450
2013 Q4	$900K	Buy	+50,000	New	+$900K	﹤0.01%	403

Other funds holding ARDC

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

BlueSpruce Investments Chicago, Illinois $631M AUM 11.83% 1-Year Est. Return

MIG

Mariner Investment Group Harrison, New York $346M AUM 25.25% 1-Year Est. Return

YMRC

Yorktown Management & Research Company Forest, Virginia $163M AUM 68.53% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

1832 Asset Management's ARDC Position: Q3 2015 in Review

1832 Asset Management sold out of Are Dynamic Credit Allocation Fund (ARDC) in Q3 2015, closing a stake of 78,410 shares — an estimated $1.2M sold.

1832 Asset Management first reported a position in ARDC in Q4 2013 and held it in 7 quarters. The position peaked at $1.84M in Q2 2014. 38 funds tracked by Wall St. Rank hold ARDC as of Q3 2015.

1832 Asset Management reported no remaining Are Dynamic Credit Allocation Fund position as of Q3 2015 after selling out during the quarter.
1832 Asset Management sold 78,410 Are Dynamic Credit Allocation Fund shares in Q3 2015, an estimated $1.2M.
1832 Asset Management first reported a position in Are Dynamic Credit Allocation Fund in Q4 2013 and held it in 7 quarters.
1832 Asset Management's Are Dynamic Credit Allocation Fund position peaked at $1.84M in Q2 2014.
38 funds tracked by Wall St. Rank held Are Dynamic Credit Allocation Fund as of Q3 2015.

Based on 1832 Asset Management's 13F filing for Q3 2015, filed 12 Nov 2015.