Absolute Select Value ETF
ABEQ
4 hedge funds and large institutions have $28.8M invested in Absolute Select Value ETF in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
42% more capital invested
Capital invested by funds: $20.3M → $28.8M (+$8.46M)
7.77% more ownership
Funds ownership: 68.66% → 76.43% (+7.8%)
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$875K |
| 2 |
SJIC
St. James Investment Company
Southlake,
Texas
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$767K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$344K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SJIC
1
St. James Investment Company
Southlake,
Texas
| $9.66M | +$237K | +9,705 | +3% |
|
|
TA
2
Tectonic Advisors
Frisco,
Texas
| $6.75M | +$6.49M | +265,301 | New |
|
|
BPA
3
Beacon Pointe Advisors
Newport Beach,
California
| $6.69M | +$875K | +35,779 | +16% |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $5.67M | -$269K | -11,012 | -5% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| – | -$767K | -32,761 | Closed |
|
|
6
Citadel Advisors
Miami,
Florida
| – | -$344K | -14,694 | Closed |
|
ABEQ Hedge Fund Activity: Q4 2020 in Review
4 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q4 2020, worth a combined $28.8M — up 42% from $20.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ABEQ and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Beacon Pointe Advisors, adding an estimated $875K. The largest seller was Raymond James & Associates, exiting entirely with an estimated $767K sold.
- 4 institutional investors held Absolute Select Value ETF (ABEQ) as of Q4 2020, down from 5 in Q3 2020.
- Funds reported $28.8M of Absolute Select Value ETF stock for Q4 2020, up 42% quarter-over-quarter.
- 1 fund opened new Absolute Select Value ETF positions in Q4 2020 and 2 closed out, a net change of -1 holder.
- The largest Absolute Select Value ETF buyer in Q4 2020 was Beacon Pointe Advisors, an estimated $875K added.
- The largest Absolute Select Value ETF seller in Q4 2020 was Raymond James & Associates, an estimated $767K sold.
Based on aggregated 13F filings for Q4 2020.