We are live on ! Find out more
ARDC

Are Dynamic Credit Allocation Fund
ARDC

54 hedge funds and large institutions have $85M invested in Are Dynamic Credit Allocation Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less capital invested

Capital invested by funds: $86.9M → $85M (-$1.92M)

1.73% less ownership

Funds ownership: 31.61% → 29.88% (-1.7%)

2% less funds holding

Funds holding: 55 → 54 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

50% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 22

Holders
54
Holders Change
-1
Holders Change %
-1.82%
% of All Funds
0.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
11
Reduced
22
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FIA
Foundations Investment Advisors
Arizona
+$2.48M
2
LSC
Logan Stone Capital
Illinois
+$849K
3
AA
AQR Arbitrage
Connecticut
+$654K
4
SFS
Shaker Financial Services
Virginia
+$389K
5
Morgan Stanley
Morgan Stanley
New York
+$250K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$2.58M
2
SIA
Sit Investment Associates
Minnesota
-$1.18M
3
Wells Fargo
Wells Fargo
California
-$971K
4
UBS Group
UBS Group
Switzerland
-$729K
5
Jane Street
Jane Street
New York
-$727K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$558K – – –
Lazard Asset Management
27
Lazard Asset Management
New York
$539K – – –
MC
28
Matisse Capital
Oregon
$506K – – –
MMA
29
Miracle Mile Advisors
California
$432K – – –
HighTower Advisors
30
HighTower Advisors
Illinois
$422K +$50.8K +4,230 +14%
IWC
31
Integrated Wealth Concepts
Massachusetts
$395K -$9.18K -765 -2%
NA
32
NewEdge Advisors
Louisiana
$386K +$20.6K +1,713 +6%
Neuberger Berman Group
33
Neuberger Berman Group
New York
$370K – – –
Qube Research & Technologies (QRT)
34
Qube Research & Technologies (QRT)
United Kingdom
$262K – – –
Corient Private Wealth
35
Corient Private Wealth
Florida
$260K -$13.3K -1,112 -5%
RJA
36
Raymond James & Associates
Florida
$257K -$11.9K -994 -5%
EGA
37
E&G Advisors
Texas
$253K – – –
LPL Financial
38
LPL Financial
California
$244K -$6.98K -582 -3%
CAN
39
Cetera Advisor Networks
California
$235K +$34.3K +2,862 +18%
WCMNY
40
Westchester Capital Management (New York)
New York
$217K – – –
FFA
41
First Foundation Advisors
California
$207K – – –
Goldman Sachs
42
Goldman Sachs
New York
$181K -$379K -31,600 -68%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$163K -$2.67K -223 -2%
9WM
44
9258 Wealth Management
Ohio
$160K -$13.4K -1,113 -8%
VF
45
Virtu Financial
New York
$143K +$139K +11,618 New
CP
46
Camelot Portfolios
Ohio
$128K – – –
JP Morgan Chase
47
JP Morgan Chase
New York
$48.1K -$154K -12,815 -77%
SWM
48
Spire Wealth Management
Virginia
$43.2K – – –
WB
49
Webster Bank
Connecticut
$31.2K – – –
CWC
50
Carolinas Wealth Consulting
North Carolina
$20.6K – – –
1
2
3

ARDC Hedge Fund Activity: Q2 2023 in Review

54 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2023, worth a combined $85M — down 2.2% from $86.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of ARDC and 4 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 11 added.

The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $2.48M. The largest seller was Guggenheim Capital, cutting an estimated $2.58M.

  • 54 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2023, down from 55 in Q1 2023.
  • Funds reported $85M of Are Dynamic Credit Allocation Fund stock for Q2 2023, down 2.2% quarter-over-quarter.
  • 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2023 and 5 closed out, a net change of -1 holder.
  • The largest Are Dynamic Credit Allocation Fund buyer in Q2 2023 was Foundations Investment Advisors, an estimated $2.48M added.
  • The largest Are Dynamic Credit Allocation Fund seller in Q2 2023 was Guggenheim Capital, an estimated $2.58M sold.

Based on aggregated 13F filings for Q2 2023.