Absolute Select Value ETF
ABEQ
13 hedge funds and large institutions have $66.8M invested in Absolute Select Value ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $73.8M → $66.8M (-$6.94M)
11.28% less ownership
Funds ownership: 84.79% → 73.51% (-11%)
19% less funds holding
Funds holding: 16 → 13 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$875K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$811K |
| 3 |
TA
Tectonic Advisors
Frisco,
Texas
|
+$716K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$308K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$87.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$7.98M |
| 2 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$712K |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$616K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$487K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$298K |
ABEQ Hedge Fund Activity: Q1 2023 in Review
13 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q1 2023, worth a combined $66.8M — down 9.4% from $73.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ABEQ and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Envestnet Asset Management, adding an estimated $875K. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $7.98M sold.
- 13 institutional investors held Absolute Select Value ETF (ABEQ) as of Q1 2023, down from 16 in Q4 2022.
- Funds reported $66.8M of Absolute Select Value ETF stock for Q1 2023, down 9.4% quarter-over-quarter.
- 1 fund opened new Absolute Select Value ETF positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Absolute Select Value ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $875K added.
- The largest Absolute Select Value ETF seller in Q1 2023 was Thrivent Financial for Lutherans, an estimated $7.98M sold.
Based on aggregated 13F filings for Q1 2023.