Absolute Select Value ETF
ABEQ
15 hedge funds and large institutions have $53.4M invested in Absolute Select Value ETF in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
25% more funds holding
Funds holding: 12 → 15 (+3)
4% more capital invested
Capital invested by funds: $51.2M → $53.4M (+$2.19M)
0.7% more ownership
Funds ownership: 73.88% → 74.58% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.73M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.72M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.18M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$860K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$771K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.82M |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$84.4K |
| 3 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$79.1K |
| 4 |
TA
Tectonic Advisors
Frisco,
Texas
|
-$34.3K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$374 |
ABEQ Hedge Fund Activity: Q3 2022 in Review
15 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q3 2022, worth a combined $53.4M — up 4.3% from $51.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ABEQ positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $1.73M. The largest seller was Citadel Advisors, cutting an estimated $1.82M.
- 15 institutional investors held Absolute Select Value ETF (ABEQ) as of Q3 2022, up from 12 in Q2 2022.
- Funds reported $53.4M of Absolute Select Value ETF stock for Q3 2022, up 4.3% quarter-over-quarter.
- 4 funds opened new Absolute Select Value ETF positions in Q3 2022 and 1 closed out, a net change of +3 holders.
- The largest Absolute Select Value ETF buyer in Q3 2022 was NewEdge Advisors, an estimated $1.73M added.
- The largest Absolute Select Value ETF seller in Q3 2022 was Citadel Advisors, an estimated $1.82M sold.
Based on aggregated 13F filings for Q3 2022.