Are Dynamic Credit Allocation Fund
ARDC
28 hedge funds and large institutions have $66.8M invested in Are Dynamic Credit Allocation Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 2 reducing their positions, and 3 closing their positions.
850% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 2
31% more capital invested
Capital invested by funds: $50.9M → $66.8M (+$16M)
6.56% more ownership
Funds ownership: 16.28% → 22.84% (+6.6%)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$8.82M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$3.16M |
| 3 |
Morgan Stanley
New York
|
+$2.81M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$2.16M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$414K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$306K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$190K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$32.8K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
26
Ground Swell Capital
Folly Beach,
South Carolina
| $3K | +$3.52K | +200 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$986 | +56 | New |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$414K | -22,739 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$190K | -10,415 | Closed |
|
|
BRWA
30
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$32.8K | -1,800 | Closed |
|
ARDC Hedge Fund Activity: Q3 2014 in Review
28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2014, worth a combined $66.8M — up 31% from $50.9M a quarter earlier.
Fund positioning in ARDC was balanced in Q3 2014: 3 funds opened new positions, 3 closed out, 19 added to existing stakes and 2 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $8.82M. The largest seller was TFS Capital, exiting entirely with an estimated $414K sold.
- 28 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $66.8M of Are Dynamic Credit Allocation Fund stock for Q3 2014, up 31% quarter-over-quarter.
- 3 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2014 and 3 closed out, a net change of 0 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2014 was Bessemer Group, an estimated $8.82M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2014 was TFS Capital, an estimated $414K sold.
Based on aggregated 13F filings for Q3 2014.