Nine Masts Capital’s Are Dynamic Credit Allocation Fund ARDC Stock Holding History

Nine Masts Capital’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
2018 Q4	–	Sell	-98,200	Closed	-$1.52M	–	187
2018 Q3	$1.52M	Buy	98,200 +59,700	+155%	+$949K	0.42%	53
2018 Q2	$619K	Buy	+38,500	New	+$629K	0.12%	101

Other funds holding ARDC

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

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

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

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

Nine Masts Capital's ARDC Position: Q4 2018 in Review

Nine Masts Capital sold out of Are Dynamic Credit Allocation Fund (ARDC) in Q4 2018, closing a stake of 98,200 shares — an estimated $1.52M sold.

Nine Masts Capital first reported a position in ARDC in Q2 2018 and held it in 2 quarters. The position peaked at $1.52M in Q3 2018. 63 funds tracked by Wall St. Rank hold ARDC as of Q4 2018.

Nine Masts Capital reported no remaining Are Dynamic Credit Allocation Fund position as of Q4 2018 after selling out during the quarter.
Nine Masts Capital sold 98,200 Are Dynamic Credit Allocation Fund shares in Q4 2018, an estimated $1.52M.
Nine Masts Capital first reported a position in Are Dynamic Credit Allocation Fund in Q2 2018 and held it in 2 quarters.
Nine Masts Capital's Are Dynamic Credit Allocation Fund position peaked at $1.52M in Q3 2018.
63 funds tracked by Wall St. Rank held Are Dynamic Credit Allocation Fund as of Q4 2018.

Based on Nine Masts Capital's 13F filing for Q4 2018, filed 14 Feb 2019.