Absolute Select Value ETF
ABEQ
12 hedge funds and large institutions have $60.9M invested in Absolute Select Value ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
7.82% less ownership
Funds ownership: 74.24% → 66.42% (-7.8%)
14% less capital invested
Capital invested by funds: $70.5M → $60.9M (-$9.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJIC
St. James Investment Company
Southlake,
Texas
|
+$686K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$572K |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$359K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$69.9K |
| 5 |
CP
Castleview Partners
Dallas,
Texas
|
+$3.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.89M |
| 3 |
TA
Tectonic Advisors
Frisco,
Texas
|
-$371K |
| 4 |
GS
GTS Securities
New York
|
-$286K |
| 5 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$171K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPA
1
Beacon Pointe Advisors
Newport Beach,
California
| $20.9M | -$51.5K | -1,832 | -0.2% |
|
|
TA
2
Tectonic Advisors
Frisco,
Texas
| $19M | -$371K | -13,214 | -2% |
|
|
SJIC
3
St. James Investment Company
Southlake,
Texas
| $9.92M | +$686K | +24,420 | +7% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $5.04M | +$572K | +20,369 | +12% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $2.66M | -$3.89M | -138,500 | -59% |
|
|
MCM
6
Mainstay Capital Management
Grand Blanc,
Michigan
| $2.22M | -$171K | -6,088 | -7% |
|
|
CP
7
Castleview Partners
Dallas,
Texas
| $651K | +$3.32K | +118 | +0.5% |
|
|
WP
8
WealthSource Partners
San Luis Obispo,
California
| $350K | +$359K | +12,793 | New |
|
|
NA
9
NewEdge Advisors
New Orleans,
Louisiana
| $112K | +$1.6K | +57 | +1% |
|
|
10
UBS Group
Zurich,
Switzerland
| $68.6K | +$69.9K | +2,489 | +13,100% |
|
|
11
Osaic Holdings
Scottsdale,
Arizona
| $21.4K | -$4.9M | -174,517 | -100% |
|
|
AWM
12
Avior Wealth Management
Omaha,
Nebraska
| $547 | – | – | – |
|
|
GS
13
GTS Securities
New York
| – | -$286K | -10,179 | Closed |
|
ABEQ Hedge Fund Activity: Q3 2023 in Review
12 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q3 2023, worth a combined $60.9M — down 14% from $70.5M a quarter earlier.
Fund positioning in ABEQ was balanced in Q3 2023: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 5 trimmed.
The largest buyer was St. James Investment Company, adding an estimated $686K. The largest seller was Osaic Holdings, cutting an estimated $4.9M.
- 12 institutional investors held Absolute Select Value ETF (ABEQ) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $60.9M of Absolute Select Value ETF stock for Q3 2023, down 14% quarter-over-quarter.
- 1 fund opened new Absolute Select Value ETF positions in Q3 2023 and 1 closed out, a net change of 0 holders.
- The largest Absolute Select Value ETF buyer in Q3 2023 was St. James Investment Company, an estimated $686K added.
- The largest Absolute Select Value ETF seller in Q3 2023 was Osaic Holdings, an estimated $4.9M sold.
Based on aggregated 13F filings for Q3 2023.