Absolute Select Value ETF
ABEQ
7 hedge funds and large institutions have $40M invested in Absolute Select Value ETF in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 0 closing their positions.
17% more funds holding
Funds holding: 6 → 7 (+1)
0% more capital invested
Capital invested by funds: $39.8M → $40M (+$184K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.85% less ownership
Funds ownership: 79.89% → 79.04% (-0.85%)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.11M |
| 2 |
TA
Tectonic Advisors
Frisco,
Texas
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$958K |
| 2 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$385K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$108K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Tectonic Advisors
Frisco,
Texas
| $16.9M | +$1.03M | +37,613 | +6% |
|
|
SJIC
2
St. James Investment Company
Southlake,
Texas
| $11.5M | -$385K | -14,000 | -3% |
|
|
BPA
3
Beacon Pointe Advisors
Newport Beach,
California
| $6.81M | -$958K | -34,819 | -12% |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $3.63M | -$108K | -3,923 | -3% |
|
|
5
Envestnet Asset Management
Chicago,
Illinois
| $1.08M | +$1.11M | +40,246 | New |
|
6
Wells Fargo
San Francisco,
California
| $37K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $10K | -$31K | -1,127 | -76% |
|
ABEQ Hedge Fund Activity: Q3 2021 in Review
7 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q3 2021, worth a combined $40M — up 0.46% from $39.8M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new ABEQ positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.11M. The largest seller was Beacon Pointe Advisors, cutting an estimated $958K.
- 7 institutional investors held Absolute Select Value ETF (ABEQ) as of Q3 2021, up from 6 in Q2 2021.
- Funds reported $40M of Absolute Select Value ETF stock for Q3 2021, up 0.46% quarter-over-quarter.
- 1 fund opened new Absolute Select Value ETF positions in Q3 2021 and 0 closed out, a net change of +1 holder.
- The largest Absolute Select Value ETF buyer in Q3 2021 was Envestnet Asset Management, an estimated $1.11M added.
- The largest Absolute Select Value ETF seller in Q3 2021 was Beacon Pointe Advisors, an estimated $958K sold.
Based on aggregated 13F filings for Q3 2021.