AdvisorShares Dorsey Wright ADR ETF
AADR
10 hedge funds and large institutions have $2M invested in AdvisorShares Dorsey Wright ADR ETF in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 4 closing their positions.
4.12% less ownership
Funds ownership: 15.08% → 10.96% (-4.1%)
9% less funds holding
Funds holding: 11 → 10 (-1)
13% less capital invested
Capital invested by funds: $2.29M → $2M (-$291K)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$551K |
| 2 |
Morgan Stanley
New York
|
+$109K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$66.3K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$51.1K |
| 5 |
LPL Financial
San Diego,
California
|
+$33.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$476K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$410K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$247K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $624K | +$109K | +2,686 | +21% |
|
|
2
LPL Financial
San Diego,
California
| $566K | +$33.2K | +820 | +6% |
|
|
3
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $547K | +$551K | +13,610 | New |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $66K | +$66.3K | +1,640 | New |
|
|
RFA
5
Reilly Financial Advisors
La Mesa,
California
| $60K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $58K | +$51.1K | +1,264 | +744% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $55K | +$16.3K | +403 | +41% |
|
8
UBS Group
Zurich,
Switzerland
| $15K | +$14.7K | +364 | New |
|
9
Wells Fargo
San Francisco,
California
| $6K | – | – | – |
|
|
10
Jane Street
New York
| – | -$476K | -11,728 | Closed |
|
|
VKH
11
Virtu KCG Holdings
New York
| – | -$410K | -10,113 | Closed |
|
|
CAN
12
Cetera Advisor Networks
El Segundo,
California
| – | -$247K | -6,081 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
AADR Hedge Fund Activity: Q4 2016 in Review
10 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Dorsey Wright ADR ETF (AADR) for Q4 2016, worth a combined $2M — down 13% from $2.29M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of AADR and 3 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 4 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $551K. The largest seller was Jane Street, exiting entirely with an estimated $476K sold.
- 10 institutional investors held AdvisorShares Dorsey Wright ADR ETF (AADR) as of Q4 2016, down from 11 in Q3 2016.
- Funds reported $2M of AdvisorShares Dorsey Wright ADR ETF stock for Q4 2016, down 13% quarter-over-quarter.
- 3 funds opened new AdvisorShares Dorsey Wright ADR ETF positions in Q4 2016 and 4 closed out, a net change of -1 holder.
- The largest AdvisorShares Dorsey Wright ADR ETF buyer in Q4 2016 was Cambridge Investment Research Advisors, an estimated $551K added.
- The largest AdvisorShares Dorsey Wright ADR ETF seller in Q4 2016 was Jane Street, an estimated $476K sold.
Based on aggregated 13F filings for Q4 2016.