Are Dynamic Credit Allocation Fund
ARDC
52 hedge funds and large institutions have $137M invested in Are Dynamic Credit Allocation Fund in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 10 closing their positions.
3% more capital invested
Capital invested by funds: $133M → $137M (+$4.06M)
1.72% less ownership
Funds ownership: 38.58% → 36.86% (-1.7%)
5% less funds holding
Funds holding: 55 → 52 (-3)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.81M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.59M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$794K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.83M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.65M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$862K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$811K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$758K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
FF
52
FourThought Financial
Venice,
Florida
| $1K | – | – | – |
|
|
NFSG
53
Newbridge Financial Services Group
Boca Raton,
Florida
| $1K | +$1.17K | +75 | New |
|
|
RCM
54
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$4.83M | -321,589 | Closed |
|
|
MC
55
Matisse Capital
Portland,
Oregon
| – | -$811K | -54,000 | Closed |
|
|
6M
56
6 Meridian
Wichita,
Kansas
| – | -$758K | -50,433 | Closed |
|
|
QC
57
Quantedge Capital
Singapore
| – | -$244K | -16,205 | Closed |
|
58
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$161K | -10,707 | Closed |
|
|
CWC
59
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$83.3K | -5,331 | Closed |
|
|
LC
60
Lindbrook Capital
Calabasas,
California
| – | -$46.9K | -3,000 | Closed |
|
|
EVM
61
Eaton Vance Management
Boston,
Massachusetts
| – | -$3K | -176 | Closed |
|
|
SFS
62
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -72 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
ARDC Hedge Fund Activity: Q2 2021 in Review
52 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2021, worth a combined $137M — up 3.1% from $133M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ARDC and 7 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Cohen & Steers, adding an estimated $1.81M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.83M sold.
- 52 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2021, down from 55 in Q1 2021.
- Funds reported $137M of Are Dynamic Credit Allocation Fund stock for Q2 2021, up 3.1% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2021 and 10 closed out, a net change of -3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2021 was Cohen & Steers, an estimated $1.81M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2021 was Rivernorth Capital Management, an estimated $4.83M sold.
Based on aggregated 13F filings for Q2 2021.