Are Dynamic Credit Allocation Fund
ARDC
25 hedge funds and large institutions have $41.8M invested in Are Dynamic Credit Allocation Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 4 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
16% more capital invested
Capital invested by funds: $36M → $41.8M (+$5.75M)
1.87% more ownership
Funds ownership: 12.52% → 14.39% (+1.9%)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$5.08M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.71M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$787K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$663K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$1.88M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.59M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$792K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$190K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BI
26
BlueSpruce Investments
Chicago,
Illinois
| – | -$1.88M | -104,601 | Closed |
|
|
RCM
27
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.59M | -88,557 | Closed |
|
|
PP
28
Paloma Partners
Greenwich,
Connecticut
| – | -$792K | -44,063 | Closed |
|
29
Citigroup
New York
| – | -$12K | -676 | Closed |
|
ARDC Hedge Fund Activity: Q1 2014 in Review
25 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2014, worth a combined $41.8M — up 16% from $36M a quarter earlier.
Fund positioning in ARDC was balanced in Q1 2014: 4 funds opened new positions, 4 closed out, 15 added to existing stakes and 4 trimmed.
The largest buyer was UBS, adding an estimated $5.08M. The largest seller was BlueSpruce Investments, exiting entirely with an estimated $1.88M sold.
- 25 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $41.8M of Are Dynamic Credit Allocation Fund stock for Q1 2014, up 16% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2014 and 4 closed out, a net change of 0 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2014 was UBS, an estimated $5.08M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2014 was BlueSpruce Investments, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2014.