Arbiter Partners Capital Management’s AdvisorShares Insider Advantage ETF SURE Stock Holding History

Arbiter Partners Capital Management’s Portfolio SURE Stock Details SURE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-5,000	Closed	-$256K	–	131
2014 Q2	$256K	Sell	5,000 -4,000	-44%	-$201K	0.03%	104
2014 Q1	$447K	Sell	9,000 -9,352	-51%	-$453K	0.05%	84
2013 Q4	$890K	Sell	18,352 -61,648	-77%	-$2.84M	0.12%	59
2013 Q3	$3.51M	Hold	80,000	–	–	0.84%	33
2013 Q2	$3.29M	Buy	+80,000	New	+$3.22M	0.49%	42

Other funds holding SURE

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

UCFA

United Capital Financial Advisors Irving, Texas $16.3B AUM 16.34% 1-Year Est. Return

Atria Investments Charlotte, North Carolina $9.98B AUM 26.5% 1-Year Est. Return

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

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

MFS

MSI Financial Services Springfield, Massachusetts $3.07B AUM 10.22% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

BCI

Brinker Capital Investments Berwyn, Pennsylvania $11.7B AUM 21.33% 1-Year Est. Return

FAAS

First Allied Advisory Services San Diego, California $2.98B AUM 15.89% 1-Year Est. Return

Arbiter Partners Capital Management's SURE Position: Q3 2014 in Review

Arbiter Partners Capital Management sold out of AdvisorShares Insider Advantage ETF (SURE) in Q3 2014, closing a stake of 5,000 shares — an estimated $256K sold.

Arbiter Partners Capital Management first reported a position in SURE in Q2 2013 and held it in 5 quarters. The position peaked at $3.51M in Q3 2013. 31 funds tracked by Wall St. Rank hold SURE as of Q3 2014.

Arbiter Partners Capital Management reported no remaining AdvisorShares Insider Advantage ETF position as of Q3 2014 after selling out during the quarter.
Arbiter Partners Capital Management sold 5,000 AdvisorShares Insider Advantage ETF shares in Q3 2014, an estimated $256K.
Arbiter Partners Capital Management first reported a position in AdvisorShares Insider Advantage ETF in Q2 2013 and held it in 5 quarters.
Arbiter Partners Capital Management's AdvisorShares Insider Advantage ETF position peaked at $3.51M in Q3 2013.
31 funds tracked by Wall St. Rank held AdvisorShares Insider Advantage ETF as of Q3 2014.

Based on Arbiter Partners Capital Management's 13F filing for Q3 2014, filed 29 Oct 2014.