Absolute Select Value ETF
ABEQ
12 hedge funds and large institutions have $70.5M invested in Absolute Select Value ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
6% more capital invested
Capital invested by funds: $66.8M → $70.5M (+$3.71M)
0.73% more ownership
Funds ownership: 73.51% → 74.24% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 13 → 12 (-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
|
+$1.32M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$910K |
| 3 |
TA
Tectonic Advisors
Frisco,
Texas
|
+$880K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$499K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$306K |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$147K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$133K |
| 4 |
LF
Lee Financial
Dallas,
Texas
|
-$9.92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPA
1
Beacon Pointe Advisors
Newport Beach,
California
| $21.5M | +$1.32M | +46,477 | +6% |
|
|
TA
2
Tectonic Advisors
Frisco,
Texas
| $19.9M | +$880K | +31,009 | +5% |
|
|
SJIC
3
St. James Investment Company
Southlake,
Texas
| $9.52M | +$27.4K | +965 | +0.3% |
|
|
RJA
4
Raymond James & Associates
St Petersburg,
Florida
| $6.63M | +$910K | +32,081 | +16% |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $4.88M | +$84K | +2,960 | +2% |
|
|
6
Envestnet Asset Management
Chicago,
Illinois
| $4.61M | +$499K | +17,601 | +12% |
|
|
MCM
7
Mainstay Capital Management
Grand Blanc,
Michigan
| $2.45M | -$147K | -5,177 | -6% |
|
|
CP
8
Castleview Partners
Dallas,
Texas
| $667K | +$1.73K | +61 | +0.3% |
|
|
GS
9
GTS Securities
New York
| $286K | +$289K | +10,179 | New |
|
|
NA
10
NewEdge Advisors
New Orleans,
Louisiana
| $113K | – | – | – |
|
|
AWM
11
Avior Wealth Management
Omaha,
Nebraska
| $562 | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| $534 | -$133K | -4,695 | -100% |
|
|
13
Citadel Advisors
Miami,
Florida
| – | -$306K | -10,957 | Closed |
|
|
LF
14
Lee Financial
Dallas,
Texas
| – | -$9.92K | -355 | Closed |
|
ABEQ Hedge Fund Activity: Q2 2023 in Review
12 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q2 2023, worth a combined $70.5M — up 5.5% from $66.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ABEQ and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 7 added.
The largest buyer was Beacon Pointe Advisors, adding an estimated $1.32M. The largest seller was Citadel Advisors, exiting entirely with an estimated $306K sold.
- 12 institutional investors held Absolute Select Value ETF (ABEQ) as of Q2 2023, down from 13 in Q1 2023.
- Funds reported $70.5M of Absolute Select Value ETF stock for Q2 2023, up 5.5% quarter-over-quarter.
- 1 fund opened new Absolute Select Value ETF positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest Absolute Select Value ETF buyer in Q2 2023 was Beacon Pointe Advisors, an estimated $1.32M added.
- The largest Absolute Select Value ETF seller in Q2 2023 was Citadel Advisors, an estimated $306K sold.
Based on aggregated 13F filings for Q2 2023.