Are Dynamic Credit Allocation Fund
ARDC
47 hedge funds and large institutions have $104M invested in Are Dynamic Credit Allocation Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $98.6M → $104M (+$5.46M)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
0.25% less ownership
Funds ownership: 36.07% → 35.82% (-0.25%)
2% less funds holding
Funds holding: 48 → 47 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$792K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$559K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$500K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.13M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.04M |
| 3 |
Cohen & Steers
New York
|
-$1.26M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.18M |
| 5 |
Goldman Sachs
New York
|
-$467K |
ARDC Hedge Fund Activity: Q3 2020 in Review
47 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2020, worth a combined $104M — up 5.5% from $98.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ARDC and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 16 added.
The largest buyer was Invesco, adding an estimated $3.47M. The largest seller was Matisse Capital, cutting an estimated $3.13M.
- 47 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2020, down from 48 in Q2 2020.
- Funds reported $104M of Are Dynamic Credit Allocation Fund stock for Q3 2020, up 5.5% quarter-over-quarter.
- 5 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2020 was Invesco, an estimated $3.47M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2020 was Matisse Capital, an estimated $3.13M sold.
Based on aggregated 13F filings for Q3 2020.