Are Dynamic Credit Allocation Fund
ARDC
29 hedge funds and large institutions have $76.2M invested in Are Dynamic Credit Allocation Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 4 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
1.25% more ownership
Funds ownership: 27.72% → 28.97% (+1.2%)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1% less capital invested
Capital invested by funds: $77.3M → $76.2M (-$1.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.23M |
| 2 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$1.02M |
| 3 |
Cohen & Steers
New York
|
+$872K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$797K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
+$623K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.41M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$383K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$351K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$307K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $189K | +$25.4K | +1,575 | +15% |
|
|
AC
27
Alleghany Corporation
New York
| $136K | – | – | – |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| $18K | +$18.7K | +1,161 | New |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$613 | +38 | +633% |
|
|
LCM
30
Laurion Capital Management
New York
| – | -$2.41M | -148,406 | Closed |
|
|
CRC
31
Curi RMB Capital
Chicago,
Illinois
| – | -$383K | -23,531 | Closed |
|
32
Citadel Advisors
Miami,
Florida
| – | -$194K | -11,917 | Closed |
|
|
MA
33
MUFG Americas
New York
| – | -$1K | -35 | Closed |
|
ARDC Hedge Fund Activity: Q2 2015 in Review
29 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2015, worth a combined $76.2M — down 1.4% from $77.3M a quarter earlier.
Fund positioning in ARDC was balanced in Q2 2015: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.23M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.41M sold.
- 29 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $76.2M of Are Dynamic Credit Allocation Fund stock for Q2 2015, down 1.4% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2015 and 4 closed out, a net change of 0 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2015 was Morgan Stanley, an estimated $1.23M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2015 was Laurion Capital Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2015.