Jolley Asset Management’s AdvisorShares Ranger Equity Bear ETF HDGE Stock Holding History

Jolley Asset Management’s Portfolio HDGE Stock Details HDGE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-4,000	Closed	-$574K	–	130
2013 Q3	$574K	Hold	4,000	–	–	0.48%	42
2013 Q2	$646K	Buy	+4,000	New	+$670K	0.52%	42

Other funds holding HDGE

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

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

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

WFG Advisors Dallas, Texas $442M AUM 12.46% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

VKH

Virtu KCG Holdings New York $3.6B AUM 17.11% 1-Year Est. Return

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

Stephens Inc Little Rock, Arkansas $7.99B AUM 21.6% 1-Year Est. Return

NES

New England Securities New York $285M AUM 7.18% 1-Year Est. Return

Jolley Asset Management's HDGE Position: Q4 2013 in Review

Jolley Asset Management sold out of AdvisorShares Ranger Equity Bear ETF (HDGE) in Q4 2013, closing a stake of 4,000 shares — an estimated $574K sold.

Jolley Asset Management first reported a position in HDGE in Q2 2013 and held it in 2 quarters. The position peaked at $646K in Q2 2013. 25 funds tracked by Wall St. Rank hold HDGE as of Q4 2013.

Jolley Asset Management reported no remaining AdvisorShares Ranger Equity Bear ETF position as of Q4 2013 after selling out during the quarter.
Jolley Asset Management sold 4,000 AdvisorShares Ranger Equity Bear ETF shares in Q4 2013, an estimated $574K.
Jolley Asset Management first reported a position in AdvisorShares Ranger Equity Bear ETF in Q2 2013 and held it in 2 quarters.
Jolley Asset Management's AdvisorShares Ranger Equity Bear ETF position peaked at $646K in Q2 2013.
25 funds tracked by Wall St. Rank held AdvisorShares Ranger Equity Bear ETF as of Q4 2013.

Based on Jolley Asset Management's 13F filing for Q4 2013, filed 28 Jan 2014.