ARDC

Are Dynamic Credit Allocation Fund
ARDC

Overview Fund Activity

42 hedge funds and large institutions have $93.7M invested in Are Dynamic Credit Allocation Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
42
Holders Change
–
Holders Change %
0%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
%
% of All Funds
0.03%
New
7
Increased
16
Reduced
14
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LCM
1
Laurion Capital Management
New York
$9.74M
2
COLIM
2
City of London Investment Management
United Kingdom
$2.77M
3
SFS
3
Shaker Financial Services
Virginia
$4.32M
4
SIA
4
Sit Investment Associates
Minnesota
$1.89M
5
AAM
5
Advisors Asset Management
Colorado
$2.09M

Top Sellers

1
Kovitz Investment Group Partners
1
Kovitz Investment Group Partners
Illinois
$0
2
RCM
2
Rivernorth Capital Management
Florida
$12.8M
3
YMRC
3
Yorktown Management & Research Company
Virginia
$0
4
MC
4
Matisse Capital
Oregon
$0
5
Morgan Stanley
5
Morgan Stanley
New York
$3.71M
Name Holding Trade Value Shares
Change 		Shares
Change %
RVPG
26
Relative Value Partners Group
$437K +$437K +29,010 New
AM
27
Ares Management
California
$371K +$34.2K +2,268 +10%
DA
28
Doliver Advisors
Texas
$322K -$228K -15,113 -41%
VKH
29
Virtu KCG Holdings
New York
$315K +$315K +20,870 New
BRF
30
B. Riley Financial
California
$236K -$4.51K -299 -2%
MMA
31
Miracle Mile Advisors
California
$170K – – –
Millennium Management
32
Millennium Management
New York
$155K +$155K +10,308 New
CIA
33
Capital Investment Advisors
Georgia
$151K – – –
AC
34
Alleghany Corporation
New York
$150K +$3.06K +203 +2%
TJHA
35
Thomas J. Herzfeld Advisors
Florida
$99K +$75K +5,000 +313%
BIM
36
BlackRock Investment Management
Delaware
$18K +$18K +1,213 New
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$12K -$2.44K -161 -17%
MFS
38
MSI Financial Services
Massachusetts
$12K – – –
PCM
39
Penserra Capital Management
California
$5K +$553 +41 +12%
PFGIA
40
Patriot Financial Group Insurance Agency
Massachusetts
$4K +$4K +242 New
SEI Investments
41
SEI Investments
Pennsylvania
$1K – – –
BFM
42
Boothbay Fund Management
New York
$302 +$302 +20,000 New
Kovitz Investment Group Partners
43
Kovitz Investment Group Partners
Illinois
– -$4.85M -326,596 Closed
YMRC
44
Yorktown Management & Research Company
Virginia
– -$1.84M -124,150 Closed
MC
45
Matisse Capital
Oregon
– -$1.78M -120,112 Closed
SKK
46
Shepherd Kaplan Krochuk
Massachusetts
– -$160K -10,800 Closed
WAM
47
Wolverine Asset Management
Illinois
– -$108K -7,306 Closed
CHP
48
Cable Hill Partners
Oregon
– -$1K -64 Closed
HW
49
Hedeker Wealth
Illinois
– -$1.79K -26 Closed
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