ARDC

Are Dynamic Credit Allocation Fund
ARDC

Overview Fund Activity

20 hedge funds and large institutions have $15.9M invested in Are Dynamic Credit Allocation Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
20
Holders Change
+6
Holders Change %
+42.86%
% of All Funds
0.65%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
%
% of All Funds
0.03%
New
6
Increased
5
Reduced
8
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
GC
1
Guggenheim Capital
Illinois
$2.51M
2
SFS
2
Shaker Financial Services
Virginia
$1.14M
3
AM
3
Ares Management
California
$591K
4
SCM
4
Saba Capital Management
New York
$355K
5
LPL Financial
5
LPL Financial
California
$201K

Top Sellers

1
Bank of America
1
Bank of America
North Carolina
$1.02M
2
First Trust Advisors
2
First Trust Advisors
Illinois
$1.1M
3
U
3
UBS
Switzerland
$4.05M
4
Comerica Bank
4
Comerica Bank
Texas
$181K
5
Barclays
5
Barclays
United Kingdom
$375K
Name Holding Trade Value Shares
Change 		Shares
Change %
U
1
UBS
Switzerland
$4.05M -$100K -5,535 -2%
GC
2
Guggenheim Capital
Illinois
$2.51M +$1.52M +83,869 +154%
Invesco
3
Invesco
Georgia
$1.31M -$26.1K -1,441 -2%
ADBIC
4
A.D. Beadell Investment Counsel
Wisconsin
$1.17M +$74.3K +4,106 +7%
SFS
5
Shaker Financial Services
Virginia
$1.14M +$1.14M +62,852 New
First Trust Advisors
6
First Trust Advisors
Illinois
$1.1M -$146K -8,055 -12%
Morgan Stanley
7
Morgan Stanley
New York
$1.06M -$36.9K -2,035 -3%
Bank of America
8
Bank of America
North Carolina
$1.02M -$422K -23,296 -29%
AM
9
Ares Management
California
$591K +$591K +32,645 New
Barclays
10
Barclays
United Kingdom
$375K -$63.7K -3,538 -15%
SCM
11
Saba Capital Management
New York
$355K +$355K +19,585 New
Wells Fargo
12
Wells Fargo
California
$345K +$20.4K +1,125 +6%
HCA
13
Harbour Capital Advisors
Virginia
$249K +$64.9K +3,575 +35%
LPL Financial
14
LPL Financial
California
$201K +$201K +11,161 New
Comerica Bank
15
Comerica Bank
Texas
$181K -$90.5K -5,000 -33%
RCM
16
Rivernorth Capital Management
Florida
$181K – – –
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$63K +$45K +2,500 +250%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$18K +$18K +1,000 New
Citigroup
19
Citigroup
New York
$18K +$18K +1,020 New
TRCT
20
Tower Research Capital (TRC)
New York
$13K -$1.9K -106 -13%