Are Dynamic Credit Allocation Fund
ARDC
53 hedge funds and large institutions have $125M invested in Are Dynamic Credit Allocation Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
4% more funds holding
Funds holding: 51 → 53 (+2)
1.08% less ownership
Funds ownership: 35.88% → 34.79% (-1.1%)
6% less capital invested
Capital invested by funds: $133M → $125M (-$8.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.99M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.22M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$949K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$938K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.75M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.36M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.22M |
| 4 |
Morgan Stanley
New York
|
-$2.14M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
51
Gradient Investments
Arden Hills,
Minnesota
| $5K | – | – | – |
|
52
Citigroup
New York
| $3K | -$31.1K | -1,957 | -92% |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| $3K | +$3.56K | +224 | New |
|
|
LCM
54
Laurion Capital Management
New York
| – | -$3.75M | -233,328 | Closed |
|
55
SG Americas Securities
New York
| – | -$339K | -21,090 | Closed |
|
|
AC
56
Alleghany Corporation
New York
| – | -$162K | -10,090 | Closed |
|
|
RCG
57
Ruggie Capital Group
Tavares,
Florida
| – | -$149K | -9,250 | Closed |
|
|
LYV
58
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$24K | -1,500 | Closed |
|
|
CF
59
Centaurus Financial
Anaheim,
California
| – | -$19K | -1,199 | Closed |
|
|
RFC
60
Regions Financial Corp
Birmingham,
Alabama
| – | -$16K | -1,000 | Closed |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$5K | -314 | Closed |
|
62
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -142 | Closed |
|
ARDC Hedge Fund Activity: Q3 2018 in Review
53 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2018, worth a combined $125M — down 6.4% from $133M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ARDC positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.99M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.75M sold.
- 53 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2018, up from 51 in Q2 2018.
- Funds reported $125M of Are Dynamic Credit Allocation Fund stock for Q3 2018, down 6.4% quarter-over-quarter.
- 11 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2018 and 9 closed out, a net change of +2 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2018 was Shaker Financial Services, an estimated $1.99M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2018 was Laurion Capital Management, an estimated $3.75M sold.
Based on aggregated 13F filings for Q3 2018.