Are Dynamic Credit Allocation Fund
ARDC
47 hedge funds and large institutions have $85.4M invested in Are Dynamic Credit Allocation Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 11 closing their positions.
0% more capital invested
Capital invested by funds: $85M → $85.4M (+$359K)
1.25% less ownership
Funds ownership: 29.88% → 28.63% (-1.2%)
13% less funds holding
Funds holding: 54 → 47 (-7)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.11M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$796K |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$643K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$610K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$448K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.83M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$873K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$866K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$823K |
| 5 |
SCM
Saba Capital Management
New York
|
-$793K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
51
Saba Capital Management
New York
| – | -$793K | -64,308 | Closed |
|
|
MC
52
Matisse Capital
Portland,
Oregon
| – | -$506K | -41,071 | Closed |
|
53
HighTower Advisors
Chicago,
Illinois
| – | -$422K | -34,232 | Closed |
|
54
Goldman Sachs
New York
| – | -$181K | -14,699 | Closed |
|
|
VF
55
Virtu Financial
New York
| – | -$143K | -11,618 | Closed |
|
56
JP Morgan Chase
New York
| – | -$48.1K | -3,905 | Closed |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13.8K | -1,123 | Closed |
|
|
EWA
58
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.12K | -91 | Closed |
|
59
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -86 | Closed |
|
ARDC Hedge Fund Activity: Q3 2023 in Review
47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2023, worth a combined $85.4M — up 0.42% from $85M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ARDC and 4 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $2.11M. The largest seller was Morgan Stanley, cutting an estimated $3.83M.
- 47 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2023, down from 54 in Q2 2023.
- Funds reported $85.4M of Are Dynamic Credit Allocation Fund stock for Q3 2023, up 0.42% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2023 and 11 closed out, a net change of -7 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2023 was Wells Fargo, an estimated $2.11M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2023 was Morgan Stanley, an estimated $3.83M sold.
Based on aggregated 13F filings for Q3 2023.