BlueSpruce Investments’s Are Dynamic Credit Allocation Fund ARDC Stock Holding History

BlueSpruce Investments’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
2016 Q2	–	Sell	-401,529	Closed	-$5.37M	–	14
2016 Q1	$5.37M	Sell	401,529 -244,152	-38%	-$3.11M	1.5%	14
2015 Q4	$8.63M	Buy	645,681 +138,872	+27%	+$1.92M	2.49%	12
2015 Q3	$7.08M	Buy	506,809 +220,374	+77%	+$3.27M	1.82%	18
2015 Q2	$4.39M	Buy	286,435 +63,509	+28%	+$1.02M	1.8%	13
2015 Q1	$3.62M	Hold	222,926	–	–	1.72%	16
2014 Q4	$3.53M	Buy	+222,926	New	+$3.69M	1.78%	15
2014 Q1	–	Sell	-104,601	Closed	-$1.88M	–	11
2013 Q4	$1.88M	Buy	+104,601	New	+$1.88M	2.3%	8

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

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

LCM

Laurion Capital Management New York $2.29B AUM 75.73% 1-Year Est. Return

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

MIG

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

Kovitz Investment Group Partners Chicago, Illinois $4.31B AUM 20.41% 1-Year Est. Return

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

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

FFA

First Foundation Advisors Irvine, California $2.48B AUM 18.56% 1-Year Est. Return

BlueSpruce Investments's ARDC Position: Q2 2016 in Review

BlueSpruce Investments sold out of Are Dynamic Credit Allocation Fund (ARDC) in Q2 2016, closing a stake of 401,529 shares — an estimated $5.37M sold.

BlueSpruce Investments first reported a position in ARDC in Q4 2013 and held it in 7 quarters. The position peaked at $8.63M in Q4 2015. 40 funds tracked by Wall St. Rank hold ARDC as of Q2 2016.

BlueSpruce Investments reported no remaining Are Dynamic Credit Allocation Fund position as of Q2 2016 after selling out during the quarter.
BlueSpruce Investments sold 401,529 Are Dynamic Credit Allocation Fund shares in Q2 2016, an estimated $5.37M.
BlueSpruce Investments first reported a position in Are Dynamic Credit Allocation Fund in Q4 2013 and held it in 7 quarters.
BlueSpruce Investments's Are Dynamic Credit Allocation Fund position peaked at $8.63M in Q4 2015.
40 funds tracked by Wall St. Rank held Are Dynamic Credit Allocation Fund as of Q2 2016.

Based on BlueSpruce Investments's 13F filing for Q2 2016, filed 15 Aug 2016.