Are Dynamic Credit Allocation Fund
ARDC
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.
43% more funds holding
Funds holding: 14 → 20 (+6)
20% more capital invested
Capital invested by funds: $13.3M → $15.9M (+$2.67M)
1.09% more ownership
Funds ownership: 4.41% → 5.5% (+1.1%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.57M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.18M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$612K |
| 4 |
SCM
Saba Capital Management
New York
|
+$367K |
| 5 |
LPL Financial
San Diego,
California
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$436K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$151K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$104K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$93.7K |
| 5 |
Barclays
London,
United Kingdom
|
-$66.3K |
ARDC Hedge Fund Activity: Q3 2013 in Review
20 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2013, worth a combined $15.9M — up 20% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ARDC positions and 0 closed out — a net gain of 6 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.57M. The largest seller was Bank of America, cutting an estimated $436K.
- 20 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2013, up from 14 in Q2 2013.
- Funds reported $15.9M of Are Dynamic Credit Allocation Fund stock for Q3 2013, up 20% quarter-over-quarter.
- 6 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2013 and 0 closed out, a net change of +6 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2013 was Guggenheim Capital, an estimated $1.57M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2013 was Bank of America, an estimated $436K sold.
Based on aggregated 13F filings for Q3 2013.