Are Dynamic Credit Allocation Fund
ARDC
51 hedge funds and large institutions have $96.8M invested in Are Dynamic Credit Allocation Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
13% more capital invested
Capital invested by funds: $85.4M → $96.8M (+$11.4M)
9% more funds holding
Funds holding: 47 → 51 (+4)
2.1% more ownership
Funds ownership: 28.63% → 30.73% (+2.1%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.21M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.02M |
| 3 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$1.07M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$612K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$4.06M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$628K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$564K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$400K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$322K |
ARDC Hedge Fund Activity: Q4 2023 in Review
51 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q4 2023, worth a combined $96.8M — up 13% from $85.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ARDC positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.21M. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $4.06M sold.
- 51 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $96.8M of Are Dynamic Credit Allocation Fund stock for Q4 2023, up 13% quarter-over-quarter.
- 9 funds opened new Are Dynamic Credit Allocation Fund positions in Q4 2023 and 5 closed out, a net change of +4 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q4 2023 was Morgan Stanley, an estimated $7.21M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q4 2023 was Vivaldi Capital Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q4 2023.