Absolute Select Value ETF
ABEQ
16 hedge funds and large institutions have $73.8M invested in Absolute Select Value ETF in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
38% more capital invested
Capital invested by funds: $53.4M → $73.8M (+$20.3M)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
10.21% more ownership
Funds ownership: 74.58% → 84.79% (+10%)
7% more funds holding
Funds holding: 15 → 16 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$11.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.55M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$772K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$2.91M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.65M |
| 3 |
TA
Tectonic Advisors
Frisco,
Texas
|
-$861K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$462K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
-$326K |
ABEQ Hedge Fund Activity: Q4 2022 in Review
16 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q4 2022, worth a combined $73.8M — up 38% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ABEQ positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Beacon Pointe Advisors, adding an estimated $11.1M. The largest seller was St. James Investment Company, cutting an estimated $2.91M.
- 16 institutional investors held Absolute Select Value ETF (ABEQ) as of Q4 2022, up from 15 in Q3 2022.
- Funds reported $73.8M of Absolute Select Value ETF stock for Q4 2022, up 38% quarter-over-quarter.
- 3 funds opened new Absolute Select Value ETF positions in Q4 2022 and 2 closed out, a net change of +1 holder.
- The largest Absolute Select Value ETF buyer in Q4 2022 was Beacon Pointe Advisors, an estimated $11.1M added.
- The largest Absolute Select Value ETF seller in Q4 2022 was St. James Investment Company, an estimated $2.91M sold.
Based on aggregated 13F filings for Q4 2022.