Are Dynamic Credit Allocation Fund
ARDC
55 hedge funds and large institutions have $86.9M invested in Are Dynamic Credit Allocation Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 15 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
4.28% less ownership
Funds ownership: 35.89% → 31.61% (-4.3%)
9% less capital invested
Capital invested by funds: $95.7M → $86.9M (-$8.78M)
14% less funds holding
Funds holding: 64 → 55 (-9)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.85M |
| 3 |
Jane Street
New York
|
+$746K |
| 4 |
HF
HRT Financial
New York
|
+$562K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.26M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.86M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.26M |
| 4 |
GA
GraniteShares Advisors
New York
|
-$2.22M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.96M |
ARDC Hedge Fund Activity: Q1 2023 in Review
55 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2023, worth a combined $86.9M — down 9.2% from $95.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ARDC and 7 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 16 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $3.9M. The largest seller was Guggenheim Capital, cutting an estimated $5.26M.
- 55 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $86.9M of Are Dynamic Credit Allocation Fund stock for Q1 2023, down 9.2% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2023 and 15 closed out, a net change of -8 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $3.9M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2023 was Guggenheim Capital, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2023.