Are Dynamic Credit Allocation Fund
ARDC
54 hedge funds and large institutions have $85M invested in Are Dynamic Credit Allocation Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 5 closing their positions.
2% less capital invested
Capital invested by funds: $86.9M → $85M (-$1.92M)
1.73% less ownership
Funds ownership: 31.61% → 29.88% (-1.7%)
2% less funds holding
Funds holding: 55 → 54 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$2.48M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$849K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$654K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$389K |
| 5 |
Morgan Stanley
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.58M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$971K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$729K |
| 5 |
Jane Street
New York
|
-$727K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $13.8K | – | – | – |
|
|
PGAM
52
Princeton Global Asset Management
Princeton,
New Jersey
| $9.86K | – | – | – |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3.81K | – | – | – |
|
|
EWA
54
EverSource Wealth Advisors
Birmingham,
Alabama
| $1.12K | – | – | – |
|
55
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$1.03K | +86 | New |
|
|
56
Jane Street
New York
| – | -$727K | -60,706 | Closed |
|
|
HF
57
HRT Financial
New York
| – | -$547K | -45,743 | Closed |
|
|
SIC
58
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$23.9K | -2,000 | Closed |
|
|
ASN
59
Advisory Services Network
Atlanta,
Georgia
| – | -$12.6K | -1,049 | Closed |
|
|
BWA
60
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$5.54K | -463 | Closed |
|
ARDC Hedge Fund Activity: Q2 2023 in Review
54 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2023, worth a combined $85M — down 2.2% from $86.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ARDC and 4 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 11 added.
The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $2.48M. The largest seller was Guggenheim Capital, cutting an estimated $2.58M.
- 54 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2023, down from 55 in Q1 2023.
- Funds reported $85M of Are Dynamic Credit Allocation Fund stock for Q2 2023, down 2.2% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2023 and 5 closed out, a net change of -1 holder.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2023 was Foundations Investment Advisors, an estimated $2.48M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2023 was Guggenheim Capital, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2023.