Are Dynamic Credit Allocation Fund
ARDC
28 hedge funds and large institutions have $50.9M invested in Are Dynamic Credit Allocation Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
22% more capital invested
Capital invested by funds: $41.8M → $50.9M (+$9.11M)
12% more funds holding
Funds holding: 25 → 28 (+3)
1.89% more ownership
Funds ownership: 14.39% → 16.28% (+1.9%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$3.84M |
| 2 |
Morgan Stanley
New York
|
+$1.97M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.34M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$909K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$457K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$397K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$368K |
| 4 |
HCA
Harbour Capital Advisors
Tysons Corner,
Virginia
|
-$245K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$215K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
26
B. Riley Wealth Advisors
Boca Raton,
Florida
| $32.8K | +$32.8K | +1,800 | New |
|
27
Citigroup
New York
| $3K | +$3.28K | +180 | New |
|
|
MA
28
MUFG Americas
New York
| $1K | +$529 | +29 | New |
|
|
HCA
29
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$245K | -13,525 | Closed |
|
30
LPL Financial
San Diego,
California
| – | -$195K | -10,775 | Closed |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$38K | -2,100 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
ARDC Hedge Fund Activity: Q2 2014 in Review
28 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2014, worth a combined $50.9M — up 22% from $41.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ARDC positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was NWQ Investment Management Company, opening a new position worth an estimated $3.84M. The largest seller was Guggenheim Capital, cutting an estimated $457K.
- 28 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2014, up from 25 in Q1 2014.
- Funds reported $50.9M of Are Dynamic Credit Allocation Fund stock for Q2 2014, up 22% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2014 and 4 closed out, a net change of +3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2014 was NWQ Investment Management Company, an estimated $3.84M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2014 was Guggenheim Capital, an estimated $457K sold.
Based on aggregated 13F filings for Q2 2014.