Absolute Select Value ETF
ABEQ
14 hedge funds and large institutions have $59.8M invested in Absolute Select Value ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
17% more funds holding
Funds holding: 12 → 14 (+2)
9.38% more ownership
Funds ownership: 66.42% → 75.8% (+9.4%)
2% less capital invested
Capital invested by funds: $60.9M → $59.8M (-$1.1M)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$1.07M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$303K |
| 3 |
TA
Tectonic Advisors
Frisco,
Texas
|
+$149K |
| 4 |
PA
Parallel Advisors
San Francisco,
California
|
+$51.4K |
| 5 |
CP
Castleview Partners
Dallas,
Texas
|
+$12.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$2.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.24M |
| 3 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$276K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$112K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$68.8K |
ABEQ Hedge Fund Activity: Q4 2023 in Review
14 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in Absolute Select Value ETF (ABEQ) for Q4 2023, worth a combined $59.8M — down 1.8% from $60.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ABEQ positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was GTS Securities, opening a new position worth an estimated $1.07M. The largest seller was Beacon Pointe Advisors, cutting an estimated $2.7M.
- 14 institutional investors held Absolute Select Value ETF (ABEQ) as of Q4 2023, up from 12 in Q3 2023.
- Funds reported $59.8M of Absolute Select Value ETF stock for Q4 2023, down 1.8% quarter-over-quarter.
- 3 funds opened new Absolute Select Value ETF positions in Q4 2023 and 1 closed out, a net change of +2 holders.
- The largest Absolute Select Value ETF buyer in Q4 2023 was GTS Securities, an estimated $1.07M added.
- The largest Absolute Select Value ETF seller in Q4 2023 was Beacon Pointe Advisors, an estimated $2.7M sold.
Based on aggregated 13F filings for Q4 2023.