Are Dynamic Credit Allocation Fund
ARDC
48 hedge funds and large institutions have $98.6M invested in Are Dynamic Credit Allocation Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 11 closing their positions.
6% more capital invested
Capital invested by funds: $93.5M → $98.6M (+$5.17M)
1.72% less ownership
Funds ownership: 37.79% → 36.07% (-1.7%)
8% less funds holding
Funds holding: 52 → 48 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.99M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$510K |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$350K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$340K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.17M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.1M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$917K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$750K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCMNY
51
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$168K | -15,561 | Closed |
|
|
CWM
52
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$146K | -13,571 | Closed |
|
|
WI
53
Wintrust Investments
Chicago,
Illinois
| – | -$108K | -10,019 | Closed |
|
54
JP Morgan Chase
New York
| – | -$35K | -3,218 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$27K | -2,478 | Closed |
|
|
BFEC
56
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$7K | -625 | Closed |
|
|
TFS
57
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$3K | -304 | Closed |
|
|
HFA
58
HC Financial Advisors
Lafayette,
California
| – | -$1K | -100 | Closed |
|
59
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
ARDC Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2020, worth a combined $98.6M — up 5.5% from $93.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ARDC and 7 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 10 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.99M. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.21M.
- 48 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2020, down from 52 in Q1 2020.
- Funds reported $98.6M of Are Dynamic Credit Allocation Fund stock for Q2 2020, up 5.5% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2020 and 11 closed out, a net change of -4 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2020 was Guggenheim Capital, an estimated $2.99M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2020 was Parametric Portfolio Associates, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2020.