Are Dynamic Credit Allocation Fund
ARDC
48 hedge funds and large institutions have $87.2M invested in Are Dynamic Credit Allocation Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 10 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
3.99% less ownership
Funds ownership: 30.73% → 26.74% (-4%)
6% less funds holding
Funds holding: 51 → 48 (-3)
10% less capital invested
Capital invested by funds: $96.8M → $87.2M (-$9.58M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UAG
United Advisor Group
Cincinnati,
Ohio
|
+$3.95M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.31M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.02M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$707K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.88M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.8M |
| 4 |
CWP
Curated Wealth Partners
El Segundo,
California
|
-$1.24M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| – | -$343K | -24,972 | Closed |
|
52
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$292K | -21,211 | Closed |
|
|
TC
53
Truvestments Capital
Sarasota,
Florida
| – | -$27.5K | -2,000 | Closed |
|
|
ASN
54
Advisory Services Network
Atlanta,
Georgia
| – | -$14.4K | -1,049 | Closed |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -727 | Closed |
|
|
CT
56
Cambridge Trust
Cambridge,
Massachusetts
| – | -$9.76K | -710 | Closed |
|
57
Comerica Bank
Dallas,
Texas
| – | -$1.59K | -116 | Closed |
|
|
ANBT
58
American National Bank & Trust
Wichita Falls,
Texas
| – | -$1.18K | -86 | Closed |
|
ARDC Hedge Fund Activity: Q1 2024 in Review
48 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2024, worth a combined $87.2M — down 9.9% from $96.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ARDC and 7 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was United Advisor Group, opening a new position worth an estimated $3.95M. The largest seller was Morgan Stanley, cutting an estimated $11.2M.
- 48 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2024, down from 51 in Q4 2023.
- Funds reported $87.2M of Are Dynamic Credit Allocation Fund stock for Q1 2024, down 9.9% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2024 and 10 closed out, a net change of -3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2024 was United Advisor Group, an estimated $3.95M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2024 was Morgan Stanley, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2024.