Are Dynamic Credit Allocation Fund
ARDC
56 hedge funds and large institutions have $110M invested in Are Dynamic Credit Allocation Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
0.82% less ownership
Funds ownership: 34.99% → 34.17% (-0.82%)
7% less funds holding
Funds holding: 60 → 56 (-4)
8% less capital invested
Capital invested by funds: $120M → $110M (-$9.8M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.93M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.83M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$788K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$564K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.09M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$771K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$478K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$402K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSWM
51
Golden State Wealth Management
Santa Ana,
California
| $7K | +$6.1K | +404 | +400% |
|
|
GI
52
Gradient Investments
Arden Hills,
Minnesota
| $5K | – | – | – |
|
|
TFS
53
TrustCore Financial Services
Brentwood,
Tennessee
| $5K | – | – | – |
|
|
ASN
54
Advisory Services Network
Atlanta,
Georgia
| $4K | +$801 | +53 | +23% |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $2K | -$14.2K | -939 | -85% |
|
56
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
COLIM
57
City of London Investment Management
London,
United Kingdom
| – | -$3.09M | -208,015 | Closed |
|
|
CRC
58
Curi RMB Capital
Chicago,
Illinois
| – | -$2.66M | -179,516 | Closed |
|
|
IWC
59
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$402K | -27,077 | Closed |
|
|
WAM
60
Weiss Asset Management
Boston,
Massachusetts
| – | -$205K | -13,796 | Closed |
|
|
BRWM
61
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$188K | -12,644 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | -$80K | -5,442 | Closed |
|
|
CAM
63
Cresset Asset Management
Chicago,
Illinois
| – | -$37K | -2,500 | Closed |
|
ARDC Hedge Fund Activity: Q2 2019 in Review
56 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2019, worth a combined $110M — down 8.2% from $120M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ARDC and 3 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was Cohen & Steers, adding an estimated $1.93M. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.09M sold.
- 56 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $110M of Are Dynamic Credit Allocation Fund stock for Q2 2019, down 8.2% quarter-over-quarter.
- 3 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2019 and 7 closed out, a net change of -4 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2019 was Cohen & Steers, an estimated $1.93M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2019 was City of London Investment Management, an estimated $3.09M sold.
Based on aggregated 13F filings for Q2 2019.