Are Dynamic Credit Allocation Fund
ARDC
47 hedge funds and large institutions have $86.9M invested in Are Dynamic Credit Allocation Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
24% more funds holding
Funds holding: 38 → 47 (+9)
2.35% more ownership
Funds ownership: 25.34% → 27.69% (+2.4%)
5% more capital invested
Capital invested by funds: $83.1M → $86.9M (+$3.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.32M |
| 2 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$1.92M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.82M |
| 4 |
KIG
Kovitz Investment Group
Chicago,
Illinois
|
+$1.62M |
| 5 |
AMH
Apollo Management Holdings
New York
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$3.55M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.81M |
| 3 |
Morgan Stanley
New York
|
-$1.18M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$542K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$432K |
ARDC Hedge Fund Activity: Q4 2015 in Review
47 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q4 2015, worth a combined $86.9M — up 4.5% from $83.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ARDC positions and 5 closed out — a net gain of 9 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.32M. The largest seller was Third Avenue Management, exiting entirely with an estimated $3.55M sold.
- 47 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q4 2015, up from 38 in Q3 2015.
- Funds reported $86.9M of Are Dynamic Credit Allocation Fund stock for Q4 2015, up 4.5% quarter-over-quarter.
- 14 funds opened new Are Dynamic Credit Allocation Fund positions in Q4 2015 and 5 closed out, a net change of +9 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q4 2015 was Rivernorth Capital Management, an estimated $3.32M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q4 2015 was Third Avenue Management, an estimated $3.55M sold.
Based on aggregated 13F filings for Q4 2015.